ECC meets under finance advisor.

ISLAMABAD -- Adviser to the Prime Minister on Finance and Revenue Dr.Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee of the Cabinet here at Islamabad. Minister for Industries and Production Hammad Azhar, Minister for Economic Affairs Khusro Bakhtiar, Adviser to the PM on Institutional Reforms and Austerity Ishrat Hussain, SAPM on Petroleum Nadeem Babar and SAPM on Revenue Dr. Waqar Masood, also participated in the meeting. ECC evaluated a proposal submitted by the Ministry of National Health Services, Regulations and Coordination and approved, in principle, the provision of technical supplementary grant of US$ 150 million for the purchase of the COVID-19 vaccine.

Ministry of Health briefed the ECC that this shall be the first phase of procurement and the amount of vaccine will suffice for the most vulnerable 5% of the population i.e the health workers and the population above the age of 65 years; around 10 million people would be provided a vaccine cover under the above arrangement. ECC further directed the...