Abdul Hafeez Shaikh to chair ECC meeting today

Adviser to Prime Minister on Finance Abdul Hafeez Shaikh will chair the meeting of the Economic Coordination Committee (ECC) on Wednesday (today).

According to the details, in the meeting, a supplementary grant to the health ministry is likely to be approved.

A 12-point agenda will be considered in the meeting of the Economic Coordination Committee (ECC).

The committee is also expected to approve additional funds worth Rs3.82 billion for the Ministry of Foreign Affairs and fund allocations for the legal affairs of the National Accountability Bureau (NAB).

Additional funds of Rs 3.82 billion will be sanctioned to cover Foreign Ministry budget shortfall, sources said. Funds will also be approved for the National Accountability Bureau’s legal affairs, sources said.

Furthermore, An additional salary for health care workers is likely to be given as a risk allowance

The participants of the meeting will also hold a consultation over the allocation of funds for officials performing duties as UN peacekeepers.

A technical grant worth Rs168.1 million will be approved.

Moreover, economic experts will also review the basic points of the PM’s Kamyab Jawan programme.

A report on the demand for urea fertilizer for the next financial year is also on the agenda. A report on wheat procurement in 2019-20 will also be presented.

The committee will also discuss the matters related to the increase in capital of the national bank up to $10.9 million in Bangladesh.

Earlier The Economic Coordination Committee (ECC) has given in-principle approval to give Golden Handshake to 9100 employees of Pakistan Steel Mills.

ECC gave in-principle approval to give Golden Handshake to 9100 employees of Pakistan Steel Mills and it was decided that all dues would be paid immediately to the employees who were given Golden Handshake.

The decision to give Golden Handshake to the employees of Steel Mills will be approved by the Supreme Court, while the Supreme Court Karachi Registry has already given a decision in this regard.