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ECC approves Ramzan Relief Package

ECC approves Ramzan Relief Package
April 8, 2020
ISLAMABAD (92 News) – The Economic Coordination Committee (ECC) on Wednesday approved Ramazan Relief Package. Adviser on Finance Dr Abdul Hafeez Shaikh presided the meeting of ECC. In the meeting, ECC approved the Ramzan Relief Package announced by Prime Minister Imran Khan amid coronavirus pandemic. The Ramazan Relief Package will be started form April 17 and continued till Eidul Fitr. The subsidy will be provided on 19 essentials grocery items during the month of Ramzan. The bag containing 20kg flour will be available at the rate of Rs800 in utility stores, however, the prices of sugar, pulses and ghee items remained same. The ECC also approved tax-free transactions of government’s flagship welfare project Ehsaas Program till June 30. The PTI government through its Ehsaas Emergency Cash Programme will distribute Rs150 billion among 12 million deserving families affected by the economic downturn caused by the coronavirus pandemic. For the payment of legal fees in court cases, the ECC approved $1.5 million supplementary grants. The meeting also approved the Rs84 million subsidy charges for Prime Minister Youth Loan Scheme. The ECC also proved Rs90 million supplementary grants for Pakistan Nuclear Regulatory Authority. However, the ECC deferred the Rs185 billion Ramzan relief package to electricity consumers. The summary was moved by the Power Division.