June 02, 2025 (MLN): The Economic Coordination Committee (ECC) of the Cabinet considered and approved several technical supplementary grants (TSGs), including Rs5.6 billion for the Ministry of Finance as rupee cover for the ADB-funded Women Inclusive Finance (WIF) project.The approval was granted during an ECC meeting held today, chaired by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.It also approved Rs1.259bn for the Ministry of Finance to return unutilized funds from the wheat seed cash reimbursement programme to the Government of Sindh, as per the press release issued.Furthermore, Rs40.34bn was approved for the Economic Affairs Division on account of revised budget estimates for FY2024-25 for repayment of short-term foreign loan credits.The ECC approved Rs1.889bn for the Ministry of Information and Broadcasting to clear advertising liabilities and cover other expenditures.It also approved Rs2.15bn for the Ministry of Housing and Works for onward transfer to the Pakistan Infrastructure Development Company Limited for development schemes in District Swabi.Moreover, Rs1.7bn was allocated for the Ministry of Defence for technological upgradation of ISPR, while Rs1.2bn was granted to the Ministry of Interior for arranging the 23rd meeting of the Council of the Heads of State of the Shanghai Cooperation Organisation (SCO) in Islamabad.The ECC also approved Rs231.893 million for the Ministry of Interior and Narcotics Control to meet the additional funds requirement of civil armed forces, and Rs64m for the same ministry on account of staff transferred to CDA from the Pakistan PWD.Additionally, Rs50m was granted to the Ministry of Parliamentary Affairs to support PILDAT for promotion of democracy with a focus on governance and public policy, and Rs90m to the Petroleum Division for execution of gas schemes in the province of Punjab.The Committee further approved Rs100 million for the Ministry of Poverty Alleviation and Social Safety as grant-in-aid to SOS Children’s Villages Pakistan, and Rs400m for the Ministry of Interior and Narcotics Control for development expenditure under the Sustainable Development Goals Achievement Programme (SAP).Additionally, Rs2.232m was approved for the Ministry of Law and Justice for reimbursement of funds to CDA related to the establishment of district courts in Islamabad.Also, Rs2.75m was allocated to the Ministry of Federal Education and Professional Training for the Prime Minister’s Youth Skill Development Programme, and Rs750 million to the Power Division for development expenditure.Additionally, Rs14m was allocated to the Ministry of Kashmir Affairs & Gilgit Baltistan for employees-related expenditure, and Rs294 million to the Ministry of Finance for the merged Ministry of KAGB and SAFRON.The ECC also took up and approved a summary by Power Division for approval of a tripartite power purchase agreement of 1145 MG Karachi Nuclear Plant Unit-2 (K-2) and Unit-3 (K-3) at Karachi.On a summary of the Petroleum Division regarding the Machike-Thallian – Tarrujabba White Oil Pipeline, the ECC accorded full backing to the project but deferred the matter until the next ECC meeting for detailed working by the Finance, Planning and Petroleum Divisions on the financial and operational modalities of the proposal.The ECC also considered a summary by the Ministry of Commerce and approved amendment in import policy order (IPO) for state-owned defence production entities and their wholly owned commercial subsidiaries.The ECC discussed and approved a proposal by the Finance Division for establishment of ‘Women Inclusive Finance Support Fund’ Trust under the Asian Development Bank funded women inclusive finance project.The ECC also considered a summary by the Ministry of National Food Security & Research seeking notification of minimum indicative prices of tobacco crop (2025) and revision of cess rates on tobacco for the year 2025-26.The cabinet body discussed the matter and approved the proposal with the instruction to the Ministry to come up with a plan to do away with the existing regime in future in line with the government policy of promoting deregulation in the crop sector.The ECC also considered and approved a summary by the Ministry of Housing and Works for withdrawal of directives transfer Hyderabad Package (PSDP#223) and Karachi (PSDEP#222) from the Government of Sindh to PIDCL.The Cabinet body also considered and approved a summary by the Finance Division, outlining the policy for the grant of honourarium to the government employees.Copyright Mettis Link NewsPosted on: 2025-06-02T23:44:31+05:00The post ECC approves Rs5.6bn TSG for ADB-funded women finance project appeared first on Mettis Global Link.