The Economic Coordination Committee (ECC) of the Cabinet on Friday approved technical supplementary grants of Rs 5 billion for the Ministry of Planning, Development and Special Initiatives for conducting the 7th Population and Housing Census.
The ECC meeting here, which was virtually presided over by Federal Minister for Finance and Revenue Shaukat Tarin, also approved Rs 4 billion under the Pakistan Raises Revenue Programme (PRRP) for the financial year 2021-22 for Federal Board of Revenue.
Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, Federal Minister for Water Resources Chaudhry Moonis Elahi, federal secretaries and senior officers attended the meeting, a Finance Ministry press release said.
The ECC also approved Rs 78.500 million for the projects of ICT (Islamabad Capital Territory) Administration, by Interior Ministry.
The meeting gave its approval for amounts of Rs 60 million and Rs 3 million (equivalent to $ 17,133.06) for the Interior Ministry within the sanctioned budgets for purchase of spare parts for helicopters maintained by HQs Frontier Corps Balochistan North and HQs Frontier Corps Khuber Pakhtunkhwa (North) respectively.
It approved re-allocation of Rs 226.8 million surrendered funds for the year 2021-22 under Sustainable Development Goals Achievement Programme (SAP) in favour of Interior Division for further release to the ICT Administration.
The meeting gave its consent for rupee cover of $65 million(equivalent to Rs 11,960 million) to the Ministry of National Health Services, Regulations & Coordination, committed by Islamic Development Bank, to utilize the IsDB loan under “IVAC Covid-19 Vaccine Support for Pakistan”.
The ECC, considering the food crisis and prevailing situation of Afghanistan, approved the summary presented by the Ministry of Commerce, allowing the export of selected commodities to the neighbouring country against Pakistan currency by adding them in the list of items at Para-7(1) of the Export Policy Order, 2020.
The committee, while noting the growth in exports, approved another summary of the Commerce Ministry to enhance the quota limit for export of samples to $25,000 or 0.1% of actual export proceeds during the last financial year in US dollars per exporter per annum, by amending relevant paras of the Export Policy Order, 2020.
The ECC approved a Commerce Ministry’s proposal of removal of 45 percent regulatory duty on the import of Chilghoza from Afghanistan as the tariff reduction would encourage the legal import of unprocessed Chilghoza for processing in the country for export and would also be instrumental in creation of jobs in the far flung areas of border regions of Khyber Pakhtunkhwa and economically backward areas of Balochistan.
The committee approved a proposal submitted by the Finance Division for engaging the services of third party to carry out the monitoring and evaluation ( M&E) functions of the Kamyab Pakistan Programme.
The ECC discussed and approved the Finance Division’s summary for resolving the issue of reversal of Foreign Commonwealth and Development Office unspent grant funds under amendment to MoU with proposal to establish a new Credit Guarantee Company having 56% shareholding of FCDO through Karandaaz and 44 percent shareholding of Government of Pakistan.
