ECC approves Rs12b for NDMA

Islamabad: Economic Coordination Committee at its meeting chaired by Finance Minister Ishaq Dar in Islamabad on Monday accorded approval for issuance of government of Pakistan guarantee amounting to 9500 million for Hyderabad-Sukkur motorway.

The ECC approved twelve billion rupees for NDMA for procurement of relief items to replenish its reserves.

It approved fixation of maximum retail prices of forty nine drugs on the basis of being lower as compared to their prices in neighboring countries.

The Committee approved supplementary and technical supplementary grants including 839.129 million rupees in favor of New Gwadar International Airport and 700 million rupees for Ministry of Information and Broadcasting. 9145 million rupees were approved for execution of Coal fired Power Project Jamshoro and 110.653 million for National Counter Terrorism Authority.