Islamabad: The Economic Coordination Committee of the Cabinet has approved measures to pass on the benefit of levy collected from captive power consumers to electricity grid consumers. The ECC's decisions, taken during a meeting chaired by Finance Minister Muhammad Aurangzeb, aim to address pressing economic and infrastructure needs within the country.
According to Radio Pakistan, the ECC also sanctioned three billion rupees for the timely provision of essential supplies such as tents, medicines, and food for the affected families of Gilgit-Baltistan. This allocation will also be used for the reconstruction of damaged infrastructure and early recovery measures to support the affected communities.
Additionally, the ECC approved a technical supplementary grant of 11 billion rupees for Pakistan Television Corporation (PTVC) against Tariff Adjustment and Net Metering. Out of this, Rs 3.813 billion is allocated for the payment of salaries, pensions, and operational expenses of the state broadcaster, with the remaining funds to be released quarterly. The ECC emphasized the necessity for PTV to decrease its reliance on budgetary support and work towards self-sustainability.
Furthermore, the Committee reviewed and approved the tariff determination for the Machike-Thallian-Tarrujabba White Oil Pipeline project, a government-to-government initiative with Azerbaijan. This strategic project is expected to enhance bilateral friendship, trade, and investment ties between Pakistan and Azerbaijan.