The Economic Coordination Committee (ECC) on Thursday approved over Rs24.17 billion in funding for the defence and interior ministries, according to state-run Radio Pakistan.<\/p>\n
The outlet reported that the ECC held a meeting in Islamabad today under Finance Minister Muhammad Aurangzeb and approved Rs20bn to the interior ministry for the \u201cmaintenance of law and order\u201d.<\/p>\n
A press release from the Press Information Department stated, \u201cThe committee accorded approval to the proposal, with funds to be released on demand and in a phased manner by the Finance Division in consultation with the Interior Division.\u201d<\/p>\n
Meanwhile, the ECC reviewed a summary from the defence ministry regarding funds for cash compensation to people who acquired land for the construction of the Defence Complex in Islamabad.<\/p>\n
\u201cThe ECC approved a TSG (technical supplementary grant) of Rs4bn to be arranged by the Finance Division, while the balance requirement is to be met by the Capital Development Authority (CDA).<\/p>\n
Additionally, the committee greenlighted another Rs174.8 million to the Interior division for law enforcement efforts by the Frontier Corps in Khyber Pakhtunkhwa and also considered a summary from the defence ministry regarding financial support through a TSG to the Roosevelt Hotel in New York, whose lease agreement with the city has expired.<\/p>\n
The ECC also approved a draft Statutory Regulatory Order to amend the Business-to-Business Barter Trade Mechanism, which governs bilateral trade with Afghanistan, Iran and Russia.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Economic Coordination Committee (ECC) on Thursday approved over Rs24.17 billion in funding for the defence and interior ministries, according to state-run Radio Pakistan. The outlet reported that the ECC held a meeting in Islamabad today under Finance Minister Muhammad Aurangzeb and approved Rs20bn to the interior ministry for the \u201cmaintenance of law and order\u201d. […]<\/p>\n","protected":false},"author":1,"featured_media":12390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"_links":{"self":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/12389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12389"}],"version-history":[{"count":1,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/12389\/revisions"}],"predecessor-version":[{"id":12391,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/12389\/revisions\/12391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/media\/12390"}],"wp:attachment":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}