The Economic Coordination Committee (ECC) of the Cabinet has approved several financial measures across key sectors. These include education, energy, industry, and public administration. The decisions reflect the government’s broader push to manage fiscal priorities while supporting national initiatives.
Among the notable approvals, the committee sanctioned Rs. 59.624 million. This amount will support Independence Day and Marqa-e-Haq 2025 celebrations. The proposal came from the National Heritage and Culture Division. It highlights the government’s intent to fund national commemorations, including the May 10 air combat remembrance.
The ECC meeting was chaired by Federal Minister for Finance and Revenue, Muhammad Aurangzeb. It took place at the Finance Division with participation from senior officials. Several federal ministers also joined, including Qaiser Ahmed Sheikh and Awais Ahmed Khan Leghari. Meanwhile, Rana Tanveer Hussain attended virtually.
Overall, the committee approved Technical Supplementary Grants (TSGs) worth Rs. 3.01 billion. These funds will cover multiple development and operational needs. As a result, several important projects received financial backing.
In the education sector, Rs. 100 million was approved. This funding will support the construction of the Faiz Ahmad Faiz Complex in Narowal. The project aims to boost cultural and educational infrastructure. Similarly, Rs. 350 million was allocated to Danish School Kuri in Islamabad. This funding will help maintain operations and academic continuity.
In addition, the ECC approved a Rs. 2.5 billion grant. This amount will go to the Directorate General Immigration & Passports. It will cover salaries, production materials, and pending liabilities for the fiscal year 2025–26. Therefore, the move ensures uninterrupted administrative operations.
The committee also addressed industrial development. It endorsed the revival of National Steel Complex Limited (NSCL). Gas supply will be allowed for industrial use and captive power generation. However, this will depend on availability and applicable tariffs. Furthermore, the ECC directed the creation of a uniform policy for similar cases.
In the energy sector, the ECC introduced a key reform. It approved the uniform application of Use of System Charges (UoSC). This applies to all distribution companies, including K-Electric. The decision aligns with the Competitive Trading Bilateral Contract Market (CTBCM). As a result, authorities aim to ensure fair competition in the electricity market.
Moreover, the committee emphasized timely implementation of all approved measures. It also stressed strict adherence to policy frameworks. This approach aims to improve efficiency and maintain fiscal discipline.
Overall, the ECC’s decisions reflect a balanced approach. The government is funding national celebrations while supporting essential sectors. At the same time, it is focusing on reforms and long-term sustainability.
