ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a series of financial measures worth billions of rupees, including support for the power sector, Pakistan Railways, security institutions, development projects and key government initiatives during a meeting chaired by Finance Minister Senator Muhammad Aurangzeb.
Among the major decisions, the ECC approved a Technical Supplementary Grant (TSG) of Rs52 billion for release to the Central Power Purchasing Agency-Guarantee (CPPA-G) as government equity in power distribution companies (DISCOs). The committee also approved the re-appropriation of Rs97.649 billion from K-Electric to the Inter-DISCO Tariff Differential Subsidy and allowed adjustment of TESCO tariff differential subsidy arrears worth Rs44.198 billion.
The committee approved Rs1.289 billion for Independence Day and Marka-e-Haq Celebrations 2025, along with Rs2 billion for the Marka-e-Haq Monument Project in Islamabad, which will be executed by the Frontier Works Organization (FWO).
For the information technology sector, the ECC approved Rs4.5 billion for completion of Phase-II of the Pakistan Asan Khidmat Centre in Islamabad and allowed the re-appropriation of Rs911.2 million in savings for the Smart Islamabad Initiative.
The committee also approved Rs312.3 million for implementation of the incentive package for Pakistan Administrative Service (PAS) and Police Service of Pakistan (PSP) officers serving in Balochistan. In a separate decision, it approved the discontinuation of the Telegraphic Transfer Charges Incentive Scheme (TTCIS) from July 1, 2026.
To support development activities, the ECC approved the transfer of Rs793.7 million related to a Public Sector Development Programme (PSDP) scheme in District Shangla. It also authorized the release of salary payments for employees of Pakistan Steel Mills from the already approved budgetary allocation for FY2025-26.
ALSO READ >>> >>> Banks to observe Ashura holidays on June 25-26, Bank Holiday on July 1
The committee approved Rs600 million as the federal government’s share for the installation of a Vessel Monitoring System in fishing boats across the country.
For security-related requirements, the ECC approved Rs250 million for Frontier Corps KP (North) to strengthen operational preparedness and security capabilities. It also approved Rs193.2 million for the Federal Investigation Agency (FIA) to meet employee-related expenses.
In addition, the committee approved Rs4.2 billion for payment of pending dues to the families of martyred personnel of the Civil Armed Forces. The ECC directed that the amount be arranged from available savings during the current financial year, while any remaining requirement would be provided in the next fiscal year.
The ECC approved an increase of Rs7 billion in grant-in-aid for Pakistan Railways and sanctioned Rs22.4 million for the Public Private Partnership Authority (P3A) to support its operational and administrative requirements.
The committee further approved an extension in the validity of sovereign guarantees for a Rs50 billion financing facility obtained by Sui Northern Gas Pipelines Limited (SNGPL) from Meezan Bank Limited until June 30, 2027.
A separate grant of Rs8.216 million was also approved for the Prime Minister’s Inspection Commission to meet employee-related expenditure requirements.
The meeting was attended by federal ministers, senior government officials and representatives of relevant ministries, divisions and regulatory authorities.
