ECC approves Rs 10 billion for procurement, logistics of flood relief items

ECC approves Rs 10 billion for procurement, logistics of flood relief items

Islamabad (Web Desk): The Economic Coordination Committee (ECC) of the cabinet Wednesday approved funds of Rs.10 billion to National Disaster Management Authority (NDMA) for procurement and logistics of relief items for flood affected people.

Federal Minister for Finance and Revenue Miftah Ismail virtually presided over the ECC meeting.

The committee also directed to the Finance Division to immediately release funds of Rs5 billion to NDMA.

The ECC also considered a summary of Ministry of Commerce on clearance of stuck up consignments in light of office memorandum dated 22 July, 2022, 19 August, 2022 and 23 August, 2022 issued by Ministry of Commerce.

The forum approved the proposal and directed that the consignments of previously banned items that landed in Pakistan till 18th August, 2022 may be released at the rate of surcharge.

Meanwhile, the ECC also directed Ministry of National Health Services, Regulations and Coordination to withdraw the summary and directed to submit a fresh summary on paracetamol and to rationalize the price and ensure its availability.

The summary presented by Ministry of National Food Security and Research regarding import of Wheat through Gwadar sea port was deferred by ECC.