The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Monday (today) with Finance Minister Ishaq Dar in a chair, will approve Technical Supplementary Grants (TSGs) of over Rs 50 billion days before the announcement of the federal budget for FY 2023-24. Official sources told Business Recorder that Power Division has sought TSG of RS 9.145 billion in favour of Finance Division under demand No.126 Development Loans and Advances by the Federal Government during CFY (2022-23). Pakistan Atomic Energy Commission has sought a supplementary grant of Rs 4.898 billion under grant No.007.
National Disaster Management Authority (NDMA) has requested an allocation of Rs 12 billion for the procurement of relief items for the re-stocking of its warehouses.
Petroleum Division has submitted proposals regarding import on foreign supplier’s accounts through Custom Bonded Storage facilities and approval of the Framework Agreement between PPL and SOCAR.
