ECC approves Rs2.5 billion Ramazan relief package

By: News Desk      Published: 04:19 PM, 8 Apr, 2020
ECC approves Rs2.5 billion Ramazan relief package

The meeting of federal cabinet’s Economic Coordination Committee (ECC) on Wednesday approved Rs2.5 billion Ramazan Relief Package.

Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh presided over the meeting of the ECC.

The ECC also approved tax-free transactions of government’s flagship welfare project Ehsas Programme till June 30.

The PTI government through its Ehsaas Emergency Cash Programme will distribute Rs150 billion among 12 million deserving families affected by the economic downturn caused by the coronavirus pandemic.

For the payment of legal fees in court cases, the ECC approved $1.5 million supplementary grants.

The meeting also approved the Rs84 million subsidy charges for Prime Minister Youth Loan Scheme.

The ECC also proved Rs90 million supplementary grants for Pakistan Nuclear Regulatory Authority.

However, the ECC deferred the Rs185 billion relief package to electricity consumers. The summary was moved by the Power Division.