ECC earmarks Rs1.0 billion to enhance FBR’s revenue collection capacity

ISLAMABAD:The Economic Coordination Committee (ECC) Committee has approved supplementary grant of Rs1.0 billion for Federal Board of Revenue (FBR) to boost its revenue collection capacity.


The Economic Coordination Committee (ECC) has directed the commerce division to prepare an export enhancement plan for next year, and submit the same before March 31, 2019.

Secretary Commerce made a presentation on export prospects in the short term.

ECC also approved supplementary grant, amounting to Rs16.976 million, for Textile Division.

A meeting of the Economic Coordination Committee of the Cabinet (ECC), chaired by Finance Minister Asad Umar, approved Rs.2.0 billion Ramazan Relief Package-2019 so as to provide relief to the low income groups in the Holy Month of Ramazan by providing them essential items at a lower price.

It approved Supplementary Grant of Rs.7415.486 million for Finance Division, in favour of Financial Inclusion & Infrastructure Projects (FIIP), and Technical Supplementary Grant amounting to Rs.562.00 million and Supplementary Grant amounting to Rs.742.531 million for SAP Software License Payment.

In order to pay the outstanding dues to the legal heirs of deceased employees of Pakistan Steel Mills on account of Provident Fund, Gratuity and Payroll, the Committee approved Grant for the purpose which will help address the problems of the legal heirs of deceased employees.

Secretary Water Resources and Chairman WAPDA gave separate presentations on different water projects including major dams namely, Mohmand Dam, Diamir-Bhasha and Dhasu dam.

 

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