Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar virtually presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet, today. Federal Minister for National Food Security & Research Chaudhary Tariq Bashir Cheema, Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Mr. Khurram Dastgir Khan, Mr. Shahid Khaqan Abbasi MNA/ex-PM, Minister of State for Petroleum Mr. Musadik Masood Malik, SAPM on Finance Mr. Tariq Bajwa, Federal Secretaries and senior officers attended the meeting. The ECC approved additional funds as Technical Supplementary Grant amounting to Rs. 17 billion during current financial year 2022-23 under the Sustainable Development Goals Achievement Programme (SAP), to finance the urban/rural infrastructure and social development schemes for areas deprived so far across the country. In view of the heavy damages to the Agriculture sector due to recent rains and floods and to support flood affected farmers in the country, the ECC approved Technical supplementary Grant of Rs. 3.2 billion in favour of MNFS&R and subsequent transfer to NDMA for procurement and distribution of wheat seed to flood affected districts. Additional funds to the tune of Rs. 3.4 billion will also be made available to the Ministry of National Food Security & research subsequently. 50% of funds would be provided by the Federal Government and 50% by provincial governments. The ECC deferred summary of M/o PD&SI for conduct of 7th Population and Housing Census.
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