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Tag Archives: ECC

ECC approves key budget allocations and Policy revisions

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, approved various financial proposals and policy guidelines during its meeting on Friday. The ECC approved Rs. 935.78 million for the payment of projected net salaries to Pakistan Steel Mills (PSM) …

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MoI officials probe over unnecessary litigation against Huawei

The Interior Ministry will launch an inquiry into its own officials for pursuing unnecessary litigation against Chinese tech giant M/s Huawei, withholding $6.17 million (Rs 1.72 billion) owed under the Safe City Project, reliable sources disclosed on Thursday. The Ministry’s decision to file an Intra Court Appeal (ICA) against Huawei …

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ECC approves lavishly Rs 87bn under TSGs

The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved Technical Supplementary Grants (TSGs) amounting Rs 87 billion just a two weeks before for a new federal budget to be laid before the parliament for approval. The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over …

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