ECC meeting held in Islamabad with Finance Minister Asad Umar in chair

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ECC meeting held in Islamabad with Finance Minister Asad Umar in chair

ISLAMABAD - Economic Coordination Committee of the Cabinet has directed Utility Stores Corporation to expedite the procurement of essential food items to provide timely relief to the people in holy month of Ramazan.

The meeting of the ECC was held in Islamabad today (Wednesday) with Finance Minister, Asad Umar in the chair.

A four-member Committee was also constituted headed by Railways Minister, Sheikh Rashid Ahmed, to oversee the implementation of Ramazan Package.

Speaking on the occasion, Finance Minister Asad Umar said government is determined to phase out the supplementary grants in the future budgets.

He said that the budgetary needs of many organizations had not been properly assessed at the time of preparation of budget estimate last year which was leading to a large number of demands for Supplementary Grants.

The Minister emphasized the need for proper budgeting of the financial needs of various departments.

The Ministry of Petroleum briefed the ECC on the implementation of the Committee's decision regarding utilization of services of Pakistan Railways for transportation of petroleum products across the country.

The Ministry of Railways informed the Committee that it has the capacity to carry higher volumes and would work with the Ministry of Petroleum to explore further possibilities.

The ECC approved, in principle, the proposal of Ministry of Information and Broadcasting for media campaign aiming to disseminate information relating to initiatives on Poverty Alleviation, Sehat Insaaf Scheme, PM's Naya Pakistan Housing Scheme and others.

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