ECC approves to gift 40,000 metric tons wheat to Afghanistan

The Economic Coordination Committee (ECC) on Friday accorded approval for gifting 40,000 metric tons of wheat to Afghanistan.

According to details, Federal Finance Minister Asad Umar presided over an emergency meeting of ECC that was held in Islamabad today (Friday). The ECC agreed to gift the wheat worth Rs1.73 billion to Afghanistan.

According to sources, the meeting also reviewed problems being faced by the sugar mills owners and has decided to negotiate with the sugar industry owners.

The meeting also reviewed the issue of delay in payment by the mills owners to the sugarcane growers.

The ECC also approved the release of funds to Pakistan Poverty Alleviation Fund (PPAF) for the Benazir Income Support Programme (BISP).

Following ECC’s decision, $82.6 million will be released for the 320,000 BISP card holders.

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