• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Wednesday, February 4, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

ECC defers ECP grant request, approves Rs1bn for scholarships, relief allocations

February 4, 2026
in Business & Finance
ECC defers ECP grant request, approves Rs1bn for scholarships, relief allocations
Share on FacebookShare on TwitterWhatsapp

The Economic Coordination Committee (ECC) of the Cabinet on Tuesday deferred a request by the Election Commission of Pakistan (ECP) for the release of Rs455 million for local government elections, while approving multiple technical supplementary grants and relief allocations.

The meeting, held at the Finance Division, was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb.

The ECC considered a summary from the ECP seeking a technical supplementary grant of Rs455 million for the conduct of local government elections in Punjab, Islamabad Capital Territory, Sindh and Balochistan during the ongoing fiscal year 2025-26.

However, the committee directed the ECP to re-submit the summary with clearer details regarding the nature of expenditure and proposed utilisation of funds.

On two separate summaries moved by the Interior and Narcotics Division, the ECC approved a technical supplementary grant of Rs100 million for the execution of Sustainable Development Goals Achievement Programme (SAP) schemes through the Capital Development Authority (CDA).

READ MORE: 500,000 tons of Passco wheat set for disposal, ECC aims to curb storage costs

The committee also approved a technical supplementary grant of Rs8.79 million, within the sanctioned budget, for the purchase of spare parts and routine maintenance of a helicopter operated by Frontier Corps Balochistan during the current fiscal year.

Meanwhile, the ECC approved a proposal from the Federal Education and Professional Training Division for a Rs1 billion technical supplementary grant to ensure continuity of existing scholarship programmes and to launch new initiatives, including schemes aimed at addressing the issue of out-of-school children.

In addition, the ECC approved a proposal from the Revenue Division for the allocation of two consignments of relief goods — including tarpaulin tents and winter clothing — confiscated by Pakistan Customs and vested as state property, to the Government of Gilgit-Baltistan. The relief items will be utilised by the Gilgit-Baltistan Disaster Management Authority for emergency relief operations in calamity-hit areas.

The meeting was attended by Federal Minister for Investment Qaiser Ahmed Sheikh, Federal Minister for Commerce Jam Kamal Khan, Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, Federal Minister for National Food Security and Research Rana Tanveer Hussain, and Federal Minister for Power Sardar Awais Ahmad Leghari, who joined virtually, along with senior officials from relevant ministries and divisions.

Share15Tweet10Send
Previous Post

This Basant, Yango Pakistan Paints Lahore in Colour with Free Rickshaw Rides and Deliveries

Next Post

Indian regulator says grounded Air India plane’s fuel switches passed checks

Related Posts

Global factory activity improves on growing demand
Business & Finance

Global factory activity improves on growing demand

February 3, 2026
Warner Bros’ shareholders likely to hold vote on Netflix deal in March, reports
Business & Finance

Warner Bros’ shareholders likely to hold vote on Netflix deal in March, reports

February 2, 2026
Public holiday: PSX to remain closed on February 5
Business & Finance

Public holiday: PSX to remain closed on February 5

February 2, 2026
Fauji Fertilizer achieves net profitability of PKR 73.6 billion
Business & Finance

Fauji Fertilizer achieves net profitability of PKR 73.6 billion

February 2, 2026
Trump says he welcomes Chinese investment in Venezuelan oil
Business & Finance

Trump says he welcomes Chinese investment in Venezuelan oil

February 2, 2026
India gives 20-year tax holiday to foreign firms using local data centres
Business & Finance

India gives 20-year tax holiday to foreign firms using local data centres

February 1, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.