Pakistan

ECC meeting, approval of Kisan package, summary rejection of providing money for general elections

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ISLAMABAD: The Economic Coordination Committee (ECC) has rejected the summary of providing 47 billion rupees for holding general elections.

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Responsible sources have said in this context that the summary of providing 47 billion rupees for holding general elections was rejected in the meeting of ECC which was chaired by Federal Minister of Finance Senator Ishaq Dar.

In this regard, the sources say that the Election Commission of Pakistan had asked the government to provide 47 billion rupees for holding the general elections. The ECC has postponed the summary of the Election Commission till the next meeting.

In the meeting held by the ECC, the farmer package of Rs 1800 billion was approved and it was decided that agricultural loans of Rs 1802 billion will be provided to the farmers.

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According to the decision taken in the meeting, the price of DAP sack will be Rs 11,250, 3 lakh agricultural tube wells will be transferred to solar. The ECC approved the Prime Minister’s Youth Business and Agriculture Loan Scheme and also approved a premium of $16.75 on import of high-speed diesel and gas.

According to the Federal Ministry of Finance, the premium will be provided to oil marketing companies other than PSO. In the meeting, the security package agreement for mega solar projects was approved, while the proposal of special payments and quarterly indexation for solar projects was rejected. went

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According to the finance ministry, the government wants to set up solar projects on build-operate-transfer basis. In the meeting, approval was also given to transfer the land of Heavy Electrical Complex and State Engineering Corporation to Heavy Mechanical Complex.

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