‘ECC nods allocation of Rs10 billion to NDMA’

Latest Sep, 22 2022
‘ECC nods allocation of Rs10 billion to NDMA’
  • 184
  • 0

ISLAMABAD: Economic Coordination Committee (ECC) approved allocation of an additional Rs 10 billion to National Disaster Management Authority (NDMA) for procurement of relief items for flood-affected people across country. In ECC meeting, presided by Finance Minister Miftah Ismail, NDMA apprised participants of devastation caused by floods and presented a summary for allocation of funds for procurement and logistics of relief items.

It said that in order to provide immediate relief to flood affectees, NDMA had commenced procurement on an emergency basis which cost Rs 2.4 billion. Due to colossal damages, already procured items were not sufficient viz-a-viz relief requirements in flood-affected areas, it stated, adding that authority had, therefore, placed orders for more items at a cumulative cost of Rs 7.113 billion.

Previously, NDMA was allocated Rs 8 billion for purpose. However, it said that amount was insufficient as cost of procurement has surpassed Rs 9.5 billion. Besides procurement, NDMA said it was also undertaking logistics of all relief goods and materials provided by friendly countries. ECC also approved proposal presented by Ministry of Commerce regarding clearance of stuck-up consignments. It said that consignments of previously banned items that landed in Pakistan till August 18, 2022, may be released after imposing of surcharge.

Published in The Daily National Courier, September, 22 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Sonakshi spills the beans on her love at first sight for Zaheer

Bollywood actress Sonakshi Sinha recently opened up about her love story with husband Zaheer Iqbal, revealing that she experienced love at first sight when they met. The couple, who tied the knot on June 23-exactly seven years after they started dati...

Javed Sheikh opens up about children’s struggles following his divorce

Veteran Pakistani actor Javed Sheikh recently opened up about the challenges his children faced following his two divorces. Renowned for his stellar career in both Pakistani television and Bollywood, Sheikh has always been a beloved figure in the ent...

CJP Afridi takes step ahead for jail reforms in KP

ISLAMABAD: In a landmark step toward judicial reform, Chief Justice of Pakistan (CJP) Justice Yahya Afridi chaired a pivotal meeting at the Supreme Court’s Peshawar Branch Registry the other day The meeting resolved to form a sub-committee dedi...

PM Shehbaz directs Punjab, NA speakers to address PPP concerns

Islamabad: Prime Minister Shahbaz Sharif has instructed the speakers of the national assembly and Punjab’s provincial assembly to take active steps to address concerns raised by the Pakistan People’s Party (PPP). The directive came during...

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us