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ECC Approved Mark up Support Payment for PIAC

admin-augaf by admin-augaf
June 27, 2023
in Business, Finance
Reading Time: 2 mins read
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PIA Granted Permission to Operate Islamabad-Xian-Islamabad Direct Flights
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Islamabad June 27 2023: Economic Coordination Committee (ECC) approved Rs. 4 billion as Technical Supplementary grants in favour of Ministry of Aviation as markup payment support to PIAC.

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet, today.

The ECC considered and approved the following Technical Supplementary grants:
i. Rs. 6.00 billion as TSG in favour of Ministry of Planning, Development & Special Initiatives for conduct of 7th Population & Housing Census.
ii. Rs. 63.60 million as TSG in favour of Ministry of Parliamentary Affairs to meet its liabilities.
iii. Rs. 222.037 million as TSG in favour of Ministry of Aviation to meet its ERE expenditure.
iv. Rs. 69.5 million as TSG in favour of Ministry of Housing and Works for Islamabad High Court building and Judges residences.
v. Rs. 60.0 million as TSG in favour of President’s Secretariat to meet its employee related expenses.
vi. Rs. 22.560 million as TSG in favour of Ministry of Climate Change for employee related expenses.
vii. Rs. 1 billion as TSG for Frontier Corps KP ( North) and Rs. 400 million as TSG for Frontier Corps KP(South) to meet the pending liabilities of ration bills.
viii. Rs. 429.420 million and Rs. 7,525.133 million as TSG in favour of Ministry of Interior for employee related expenses.
ix. Rs. 12.30 million as TSG in favour of National Security Division to meet its employee related expenses.
x. Rs. 1,303.85 million as TSG in favour of Ministry of National Health Services & Coordination to meet its liabilities.
xi. Rs. 300 million as loan for Pakistan Central Cotton Committee (PCCC) to pay salaries and pensions with direction to Ministry of National Food Security & Research to find out a permanent solution to the issue.
xii. Rs. 4 billion as TSG in favour of Ministry of Aviation as markup payment support to PIAC.

Minister of State for Petroleum Mr. Musadik Masood Malik, SAPM on Finance Mr. Tariq Bajwa, SAPM on Revenue Mr. Tariq Mehmood Pasha, Federal Secretaries and other senior officers attended the meeting.


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