ECC Approves Rs. 275 Billion for Major Water Sector Projects

Notably, the Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant of Rs.

Key points

• The decision was taken during an ECC session chaired by Finance Minister Muhammad Aurangzeb at the Finance Division in Islamabad on Wednesday.
• According to a Finance Division press release, the allocation will backing the development of key water infrastructure and assist advance ongoing projects.
• The Finance Division did not identify the individual water projects covered by the Rs.
• The approval is among a number of financing and development decisions taken by the committee.
• The ECC additionally approved supplementary funding for defence projects, a gasification programme for villages near gas production fields and other sectoral measures during the gathering.

For context, the decision was taken during an ECC session chaired by Finance Minister Muhammad Aurangzeb at the Finance Division in Islamabad on Wednesday. Pakistan Gets Another $3 Billion Loan Rollover from Saudi Arabia.

Meanwhile, the approval is among a number of financing and development decisions taken by the committee. It considered 11 agenda items submitted by different ministries and administration divisions.

For context, the Finance Division did not identify the individual water projects covered by the Rs. 275 billion allocation or provide a project-wise breakdown of the funding in its announcement.

Notably, the ECC additionally approved supplementary funding for defence projects, a gasification programme for villages near gas production fields and other sectoral measures during the gathering.

For context, the committee was attended by Federal Minister for Power Sardar Awais Ahmad Khan Leghari, Petroleum Minister Ali Pervaiz Malik, Minister of State for Finance Bilal Azhar Kiyani and senior administration office-holders. Stay Connected with ProPakistani.

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For now, ECC Approves Rs. 275 Billion for Major Water Sector Projects remains the part of the story worth watching, and further updates are likely as more details are confirmed.