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ECC okays Rs48bn for Ehsaas cash handouts - Newspaper


The disbursement began in April and was completed in September last year with the distribution of Rs179bn among 14.8m beneficiaries. Photo courtesy: Ehsaas Twitter
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the launch of second phase of the Ehsaas Emergency Cash Programme (EECP) worth Rs48 billion, under which Rs12,000 would be provided to each of the four million additional beneficiaries.
The meeting of the ECC virtually presided over by Minister for Finance and Revenue Shaukat Tarin also approved issuance of a series of notifications for the implementation of the Pakistan Single Window for imports and exports and constituted a committee to suggest how to ensure payment of net hydel profit to provinces, including an upfront payment of Rs87bn, without burdening the federal budget. ....

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Rs26.5 billion Ehsaas supplementary budget approved


Rs26.5 billion Ehsaas supplementary budget approved
ECC decides to offer Rs12,000 per family to 4 million households on one-time basis
ISLAMABAD:
The government has decided to give one-time cash assistance of Rs12,000 per family to additional 4 million households and approved a supplementary budget of Rs26.5 billion for this purpose.
Headed by Minister for Finance Shaukat Tarin, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday allowed expanding the Benazir Income Support Programme (BISP) to 8 million families under the second phase of the Ehsaas emergency programme.
The total cost of additional one-time assistance for the 4 million families is Rs48 billion. However, the BISP could not spend Rs22 billion against its current year’s allocation, which will now be diverted to the second phase of the Ehsaas emergency programme, said the finance ministry. ....

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