ECC approves Rs6.6bn for 30 bullet-proof vehicles purchase
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved Rs6.6 billion for purchase of 30 bullet-proof vehicles. The ECC also approved safeguards on the exports of donkey meat and hides from Gwadar Free Zone. The ECC met at the Finance Division under the Chair of Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The ECC approved the recommendations of…
The Economic Coordination Committee (ECC) of the Cabinet approved Rs6.6 billion on Monday for the acquisition of 30 bullet-proof vehicles. The meeting, chaired by Finance Minister Senator Muhammad Aurangzeb, also addressed safeguards for donkey meat and hides exports from Gwadar Free Zone. The ECC reviewed the Ministry of National Food Security & Research's recommendation on export safeguards and ratified the proposal.
Furthermore, the ECC debated a TSG request of Rs12.6 billion to purchase bullet-proof vehicles for the SCO Summit in September 2027, approving Rs6.6 billion and instructing the Cabinet Division to provide further details. The committee deferred the discussion on tobacco crop Minimum Indicative Prices (MIPs) and cess rates revision, requesting a more comprehensive analysis before reconsidering.
The ECC also decided to continue supplying gas to FatimaFert and Agritech until September 30, 2026, and approved a Rs5 billion seed fund allocation for the Daanish Schools Authority Fund through the Treasury Single Account (TSG). Lastly, the committee reviewed the Pakistan Skills Impact Bond (PSIB) progress and set September 30, 2026, as the deadline for the Ministry of Federal Education & Professional Training to provide a substantive update on the initiative's development.
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