ECC approves Rs13.1 million for Petroleum Division in key meeting
Finance Minister Muhammad Aurangzeb during ECC meeting. File Photo
Finance Minister Muhammad Aurangzeb during ECC meeting. File Photo
Islamabad (Web Desk): The Economic Coordination Committee (ECC) approves Rs13.1 million for the Petroleum Division as the committee also clears funds for gas supply, teachers’ dues, NDMA operations, and power reforms.

During a meeting chaired by Finance Minister Muhammad Aurangzeb, the ECC approved Rs13.1 million for the Petroleum Division and gas supply to villages located within a five-kilometer radius of gas-producing areas.

For this project, the ECC sanctioned Rs3 billion. The work will be carried out by Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company to help nearby communities benefit from local gas resources.

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Another important decision was the approval of Rs20 million to clear pending payments for teachers working under the Basic Education Community Schools programme. According to the statement, the funds will also cover payments related to differences in minimum wages as directed by courts.

The ECC further approved an exemption from relending conditions for an additional $4 million under a World Bank project for the Higher Education Commission of Pakistan. This funding is expected to support ongoing education-related initiatives.

In addition, the National Disaster Management Authority received Rs3.63 billion to support monsoon operations and provide humanitarian assistance abroad when required. The committee also approved Rs1.3 billion for the Sustainable Development Goals Achievement Programme under the Power Division.

Another grant of Rs1.47 billion was approved to settle outstanding payments related to a public awareness campaign run by the Ministry of Information and Broadcasting.

The ministry has been instructed to present another summary in the next quarter for the release of the remaining funds.

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During the meeting, the ECC also endorsed a broad reform package for Pakistan’s power sector. The reforms aim to reduce electricity generation costs and address the long-standing problem of circular debt. Officials also discussed improvements to tariff structures and the settlement of financial liabilities in the energy sector.

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