ECNEC approves projects worth Rs. 52 billion
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Executive Committee of the National Economic Council (ECNEC) has approved different projects worth about 52 billion rupees in climate change, energy, health, and higher education sectors.
The meeting of the committee was held in Islamabad on Wednesday with Finance Minister Ishaq Dar in the chair.
On a proposal of the Ministry of Planning, Development and Reform, the ECNEC approved the project regarding Green Pakistan Programme-Revival of Forestry Resources in Pakistan at an estimated cost of 3652.142 million rupees.
The project aims at plantation of indigenous and fast growing local tree species along canal and road sides in Punjab, Khyber Pakhtunkhwa and Sindh, Olive and Kikar Phulai forests in Kala Chitta, Pabbi Rasul and Fort Monroe in Punjab, Mangrove forest in Sindh, Juniper in Balochistan and plantation to check erosion in GB and AJK, etc.
Projects of Expanded Programme of Immunization Balochistan at a total cost of 4,998.91 million rupees with foreign exchange component of 713.93 million rupees, Expanded Programme of Immunization Khyber Pakhtunkhwa at a total cost of 6, 493.55 million rupees including foreign exchange component of 1, 260 million rupees and Sindh Immunization Support Programme at a total cost of 8, 048.92 million rupees including foreign exchange component of 2, 730 million rupees were approved by the ECNEC.
ECNEC after discussion allowed the Finance Division to release development funds for already approved 1230 MW Combined Cycle Power Plant at Haveli Bahadur Shah and 1223 MW Combined Cycle Power Plant Balloki.
ECNEC approved Higher Education Commission proposal of PhD Scholarship Programme under US-Pakistan Knowledge Corridor (phase-1) at a rationalized cost of 18, 810.916 million rupees including foreign exchange component of 17, 714.698 million rupees.
Under this segment of US-Pakistan Knowledge Corridor, HEC will send 1500 PhD students to top ranking US universities.
HEC will also provide counseling and guidance facilities to candidates for taking GRE, TOFEL tests and proposal writing to assist students in seeking admission in US universities. ECNEC directed HEC to ensure participation of students and scholars from all over the country on merit.
ECNEC also approved HEC proposal for establishment of Sub Campuses of Public Sector Universities at district level at a rationalized cost of 5, 206.28 million rupees. Under this project, campuses of universities will be set up in districts where no such facilities exist so far.
ECNEC approved the compliance report on Neelum-Jhelum Hydroelectric Project with the direction to WAPDA to formulate proper policy guidelines in the light of the Ministry of Water and Power recommendations and to adhere the timelines.
