AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,944 Increased By 65.8 (0.96%)
BR30 22,827 Increased By 258.6 (1.15%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

ISLAMABAD: As the country’s inflation is at an all-time high, the Economic Coordination Committee (ECC) has approved Rs4billion Technical Supplementary Grant (TSG) for defence forces to meet financial requirements of rations, utilities, medical services and POL, well informed sources told Business Recorder.

On May 24, 2023, Defence Division sought permission of the Chairman ECC/ Finance Minister to table the summary as an additional item in view of the exigency in the matter while Chairman ECC allowed submission of the summary before the ECC.

The ECC was informed that annual allocation of defence budget amounting to Rs. 1.563 trillion was made to Defence Division at the start of CFY 2022-23, of which an amount of Rs. 607.494 billion was allocated for Employee Related Expenses (ERE) and Rs. 1.1555 trillion billion for non-ERE.

Uplift schemes in Cantt Boards: ECC approves Rs450m grant for defence ministry

According to Ministry of Defence, due to unprecedented inflation and hike in prices, few essential/ unavoidable expenses, i.e., rations, utilities, medical services, POL, etc., have become unmanageable within the allocated budget. Therefore, there is a need for Technical Supplementary Grant amounting to Rs.4 billion under non-ERE for defence budget.

The sources said Finance Division consented to the provision of TSG in accordance with Federal Cabinet’s decision, and the matter related to sanction of Technical Supplementary Grant shall be cleared under recommendation of ECC.

Approval of the ECC of the Cabinet is solicited for the TSG worth Rs 4 billion to meet critical requirements of Defence Budget (Non-ERE) against Demand No. 29 (Defence Services), during CFY 2022-23.

Copyright Business Recorder, 2023

Comments

Comments are closed.

EQ May 27, 2023 08:47am
Also to pay for all the advertisements and marketing that is currently happening for the armed forces. How about using profits from DHA properties and Fauji Foundation to pay for such increases instead of taking from normal government spending which could have been diverted to education and infrastructure.
thumb_up Recommended (0)
Haris May 27, 2023 11:36am
I think we all should leave Pakistan because there is nothing here for a common man. All benefits are for establishment. The poor are being torn apart by historic inflation and yet here shamelessly benefit being given to one class which tragically will be financed by further debt which will increase inflation further.
thumb_up Recommended (0)
YB May 27, 2023 12:01pm
Army is boss here in Pakistan so please keep quite. hahhahhahahahhahah
thumb_up Recommended (0)
Tulukan Mairandi May 27, 2023 12:08pm
Wow. Isn't that the same amount that goes towards healthcare of 230 million impoverished Pakistanis?
thumb_up Recommended (0)
Alishah May 28, 2023 09:00pm
As if the profits from the Defense Housing and Fauji Foundation aren't enough of a 'revenue', you've a whole lot of "Defense Budget" that takes a whopping 43% of the Budget every FY. It's about time every individual of the establishment realises the 'luxury life' they're living on the tax money which the working class has paid through day-night of unprecedented hardwork is going to end in 40, 50 or 60 years... and then there's nothing but staunch accountability in grave.
thumb_up Recommended (0)