ECC reallocates relapsed Rs 4.05 billion funds under SAP.

ISLAMABAD -- Economic Coordination Committee (ECC) of the Cabinet on Monday approved

a technical supplementary grant, equal to Rs 4.05 billion funds, lapsed during the financial year 2018-19 under the Sustainable Development Goals Achievement Programme (SAP).

The approval to the proposal, submitted by the Cabinet Division was granted by the ECC at its meeting held here with Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh in the chair.

The re-allocated funds would be used under the SAP to make specific interventions as per demand of the community across the country in line with the UN Conventions.

The ECC also granted ex-post facto approval to a proposal by the Ministry of Interior for a technical supplementary grant amounting to Rs 100 million on making security arrangements in the Federal Capital in October 2019.

However, the ECC expressed its concern at the manner in which ad-hoc arrangements were made which were costly and disruptive for business sector and for perception of the country, and asked the capital administration to find a permanent solution to deal with the issue in future.

It also approved a proposal by the Ministry of Industries and Production for utilization of the subsidy as approved by the Cabinet in pursuance of the Prime Minister's directive dated November 08, 2019, involving grant of Rs 6 billion for the Utility Stores Corporation (USC) of Pakistan for subsidy and procurement of essential commodities, including flour, sugar, ghee/oil, pulses and rice.

The ECC constituted a committee, headed by Adviser to the Prime Minister on Commerce, Textiles, Industries and Investment, Abdul Razak Dawood to monitor

the disbursement of subsidy and provision of commodities at a fair price to the poor segment of the...