ECC clears housing ministry summary: Finance outreach for Apna Ghar will be scaled up

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved a summary submitted by the Ministry of Housing & Works to scale up the housing finance outreach for the Prime Minister Apna Ghar (PM-APG) Programme.

The revised framework includes institutional financing, public-private partnerships, inclusion of overseas Pakistanis, and participation of non-banking financial institutions to support the achievement of the program’s targets.

The ECC met today at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.

READ MORE: PM launches 5-year housing programme

The ECC approved a summary submitted by the Industries and Production Division regarding the rollout of the second phase of the Pakistan Accelerated Vehicle Electrification (PAVE) Program under the NEV Policy 2025–30.

The Committee approved proposed adjustments to enhance program efficiency and uptake, including improved verification processes, and expanded access, while emphasizing the importance of strengthened third-party verification arrangements.

The ECC also approved a summary submitted by the Federal Education and Professional Training Division seeking a Technical Supplementary Grant (TSG) of Rs. 100 million for the project titled “Construction of Faiz Ahmad Faiz Complex, Narowal.” The Committee further approved another summary from the same Division seeking a TSG of Rs. 350 million for Danish School Kuri, Islamabad, to meet operational requirements and support essential expenditures following commencement of academic activities.

The Committee also approved a summary submitted by the National Heritage and Culture Division seeking a TSG of Rs. 59.624 million to meet expenditures incurred on Independence Day/Marqa-e-Haq Celebrations 2025.

The ECC further approved a summary submitted by the Interior and Narcotics Control Division seeking a TSG of Rs. 2,500 million for Directorate General Immigration & Passports (IMPASS) during FY 2025–26 to meet operational requirements, including pay and allowances, production consumables, and outstanding liabilities.

The ECC also considered and approved a summary submitted by the Petroleum Division regarding allocation and supply of gas to National Steel Complex Limited (NSCL) for revival of its operations. The Committee allowed gas supply for process requirements and captive power generation at applicable tariffs, subject to availability of gas. The ECC further directed that uniform policy should be adopted by the Petroleum Division in terms of relevant forum for such approvals.

Copyright Business Recorder, 2026