From ARY News · Web Desk · · 50s
ECC approves key financing and sectoral grants
ECC approves billions in defense and water projects, youth loans, and gas infrastructure.
In brief
ECC approves billions in defense and water projects, youth loans, and gas infrastructure. The Economic Coordination Committee approved Rs. 275 billion for water projects, Rs. 54 billion for defense, and youth loan scheme revisions to boost economic growth. Originally reported by ARY News.
ECC approves defense grants
The Economic Coordination Committee approved Rs. 54 billion for defense projects, Rs. 1.094 billion for a Lineage L-1000 aircraft, and Rs. 29.139 billion for Project Istaqlal.
Water sector funding
ECC approved Rs. 275 billion for water infrastructure projects under the Ministry of Water Resources.
Youth loan scheme revision
The ECC revised the Prime Minister’s Youth Business and Agriculture Loan Scheme to expand affordable financing for youth entrepreneurship.
Gas infrastructure grants
ECC approved Rs. 1 billion for gasification of villages within five kilometers of production fields.
The bottom line
The Economic Coordination Committee approved Rs. 275 billion for water projects, Rs. 54 billion for defense, and youth loan scheme revisions to boost economic growth.
