ECC Approves Funds for Critical Sectors
The Economic Coordination Committee (ECC), led by Finance Minister Muhammad Aurangzeb, recently announced that the ECC approves funds exceeding Rs. 7 billion for Pakistan’s Defence Division. This crucial decision signifies a substantial financial injection, set to strengthen national defence capabilities and boost security initiatives nationwide. Furthermore, these approvals highlight the government’s commitment to strategic sector development.
During a recent meeting, the ECC thoroughly reviewed numerous proposals and summaries from various ministries. These discussions primarily involved requests for Technical Supplementary Grants (TSGs) and other vital policy matters. Consequently, these approvals aim to fortify Pakistan’s key strategic sectors for future growth.
Key Allocations: Defence, Security, and Development Funds
The ECC sanctioned two distinct Technical Supplementary Grants specifically for the Defence Division. First, Rs. 2 billion is allocated for the Sustainable Development Goals Achievement Programme (SAP) in Punjab for the current financial year. Second, a significant grant of Rs. 5.81 billion targets broader defence services. This includes critical areas such as:
- Capacity enhancement
- Infrastructure development
- Community engagement
- Cybersecurity initiatives
Moreover, the committee decided to release these development funds in a phased manner. Recognizing the recurring nature of these expenditures, the ECC stipulated that associated costs will integrate into the regular defence budget. This ensures sustained and predictable support for these vital programs moving forward.
Advancing Social and Digital Infrastructure in Pakistan
Beyond defence, the ECC’s deliberations covered various national development initiatives. A Technical Supplementary Grant of Rs. 322.87 million received approval for the Directorate General of Special Education. This funding will procure 15 coasters, facilitating the transport of special children to the Autism Centre of Excellence in Islamabad. This vital center aims to support at least 3,000 children with Autism Spectrum Disorder by providing a safe learning environment.
Furthermore, significant allocations supported the Information Technology and Telecommunication Division. An Rs. 800 million TSG was approved for the Asan Khidmat Centre in Islamabad, a flagship citizen-centric public service initiative. Additionally, another Rs. 3.7 billion grant was sanctioned for Public Sector Development Programme (PSDP) projects. These projects aim to strengthen digital infrastructure Pakistan, enhance IT connectivity, promote e-governance, and support the national ICT ecosystem. The ECC directed that these funds be judiciously deployed.
Strategic Directives and Cultural Promotion in Pakistan
The ECC also addressed several strategic matters. A proposal from the Federal Board of Revenue (FBR) for Digital Enforcement Stations along key rivers received approval. Against a proposed Rs. 10 billion grant, the Committee initially approved Rs. 3 billion for the third quarter, with the remainder following in the fourth quarter. This initiative aims to bolster oversight and enforcement capabilities.
Moreover, a committee formed to deliberate on the Asia Petroleum Limited (APL) Pipeline’s future. Representatives from key divisions and the Special Investment Facilitation Council (SIFC) comprise this body. Their task is to formulate a way forward by January 31st, negotiating terms, deciding on fuel ownership, and exploring alternative pipeline uses.
Finally, the Ministry of Information and Broadcasting received an approved allocation of Rs. 700 million for its Film and Drama Finance Fund. Established under the National Film and Broadcasting Policy, 2018, this fund invigorates Pakistan’s film and drama industry. It also supports the country’s strategic narrative through high-quality screen content. The Ministry must submit six-monthly reports on fund utilization against defined key performance indicators.
