Islamabad (TDI): The Economic Coordination Committee of the cabinet has approved a supplementary grant worth over 18 billion rupees in favor of Postal Services and the Election Commission of Pakistan.
The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, approved 16.995 billion rupees for clearing of verified pending liabilities of companies and agency partners of Pakistan Post Office Department.
It also moved a grant of 1.317 billion rupees with positive node for the Election Commission of Pakistan in connection with Local Government bye-elections in all the four provinces and Islamabad during the current fiscal year. 25.
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Besides, the meeting okayed proposals for enhancing FBR’s Operational Expertise and Organizational Capacities, Anti-Smuggling Measures under FBR Transformation Plan, as well as Performance Management Regime, Capacity Building Program and Mobility and Transit Accommodation Arrangements for FBR Officers.
The ECC had a detailed discussion on all five proposals submitted by the FBR and accorded them a principled approval with the proviso that a third-party impact evaluation of the processes.
There are KPIs proposed under the proposals would be conducted before the next financial budget, while a similar impact evaluation of the outcomes in line with the KPIs to be drawn up under the proposals.
It would be carried out at the end of calendar year 2025 to see the merit of the entire exercise and its impact on the overall goal of enhanced revenue generation and resource mobilization.
The ECC also decided that the Revenue Division and Finance Division would work out the mechanics, including allocation and release of budgets, under the five proposals, through joint consultation.
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The meeting was attended by Rana Tanveer Hussain, Minister for Industries and Production; Sardar Awais Ahmad Khan Leghari, Minister for Power; Mr. Jam Kamal Khan, Minister for Commerce; Mr. Ali Pervaiz Malik, Minister of State for Finance and Revenue; the Governor, State Bank of Pakistan; the Chairman FBR, Federal Secretaries, and senior officers from concerned ministries and departments.
