ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs2.118 billion for the procurement of 38 bullet-proof vehicles for schoolchildren in Balochistan.
The decision was taken at a meeting of the ECC presided over by Finance Minister Senator Muhammad Aurangzeb.
According to sources, the Prime Minister had already approved the allocation of Rs2.11774 billion by the Finance Division to the Pakistan Army as a Technical Supplementary Grant (TSG) for this purpose during the current financial year 2025–26.
Subsequently, the ECC took up other agenda items placed before it and considered and approved a summary submitted by the Cabinet Division regarding the grant of a Technical Supplementary Grant for the award of reward money to the Pakistan Under-19 Men’s Cricket Team, in recognition of their outstanding performance and international achievement.
The ECC took up another agenda item placed before it, regarding the grant of a Technical Supplementary Grant of Rs 167.5 million for the award of reward money to the Pakistan Under-19 Men’s Cricket Team, in recognition of their outstanding performance and international achievement.
The committee considered and approved summary at the rate of Rs 10 million for each player (Rs 150 million for 15 players) and Rs 2.5 million for match officials (Rs17.50 million for 7 match officials).
The chair observed that such recognition not only acknowledges sporting excellence but also serves as encouragement for young talent representing the country with distinction at international forums.
The ECC also reviewed and approved a summary submitted by the Defence Division seeking a Technical Supplementary Grant for the procurement of bullet-proof vehicles, noting the operational imperatives and security-related requirements underpinning the proposal.
During the meeting, the Committee offered Fateha for the departed soul of former Federal Minister for Finance and former Governor of the State Bank of Pakistan, Dr Shamshad Akhtar. Paying tribute, the chair acknowledged her distinguished service to the country, noting that her contributions extended well beyond her role as caretaker minister. He highlighted that several key institutional and tax policy reforms implemented subsequently were conceptualized during her tenure and observed that her leadership and vision would continue to positively influence economic governance. The Committee extended heartfelt condolences to the bereaved family and colleagues.
Ends
