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    Home - Business & Economy - ECC advocates public-private partnerships
    Business & Economy

    ECC advocates public-private partnerships

    Naveed AhmadBy Naveed AhmadDecember 29, 2025No Comments3 Mins Read
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    Asks training ministry to group up with non-public sector for continuity of uplift initiatives


    ISLAMABAD:

    Pakistan’s financial managers have suggested the training ministry to discover public-private partnership fashions to make sure sustainability and continuity of improvement initiatives.

    Throughout discussions in a current assembly, the Financial Coordination Committee (ECC) of the cupboard noticed that reliance solely on authorities funds could also be difficult sooner or later and suggested the Ministry of Federal Training to evaluate public-private tie-up fashions.

    The statement got here whereas contemplating the approval of further funds amounting to over Rs5 billion by a technical supplementary grant throughout fiscal yr 2025-26.

    The Ministry of Federal Training and Skilled Coaching knowledgeable the ECC that, pursuant to the prime minister’s directives, Daanish Faculties had been being established in Sindh and Khyber-Pakhtunkhwa below the Public Sector Growth Programme (PSDP). These initiatives have been accredited by the Central Growth Working Social gathering (CDWP) and are within the implementation section.

    Daanish Faculties are being arrange in Sultanabad (Jural), Astore, Ghanche, Khob, Sibi, Musa Khel, Sherani, Zhob, Killa Saifullah, Decrease Chitral, Karachi, Tando Bula Khan, Shardara and different places.

    The training ministry knowledgeable the assembly that the entire accredited price of the challenge was Rs37.3 billion whereas an quantity of Rs22.2 billion had been utilised as much as June 2025. The present yr’s allocation below the PSDP is Rs8 billion, out of which Rs1.36 billion has been utilised. “Progress on the Daanish Faculties challenge is on a quick observe,” it mentioned.

    In accordance with the prime minister’s directives, two colleges will likely be accomplished in Azad Jammu and Kashmir (Bagh and Samahni) by the tip of March 2026, whereas substantial progress on different initiatives will likely be achieved by June 30. Nonetheless, the allotted funds aren’t adequate to realize the specified stage of progress.

    The ministry apprised the discussion board that, as indicated by the prime minister, the entire challenge price was Rs15.03 billion, out of which Rs10.7 billion had been utilised as much as June 2025.

    It mentioned that in a evaluate assembly chaired by the premier, the difficulty of scarcity of funds was highlighted. Consequently, the PM constituted a committee below the chairmanship of the minister for planning, improvement and particular initiatives to determine financial savings throughout the total PSDP allocations to bridge the funding shortfall for initiatives being carried out below the PM’s directives.

    Accordingly, the Ministry of Planning, with the approval of the committee, conveyed the recognized financial savings for adjustment within the PSDP.

    The Ministry of Federal Training and Skilled Coaching solicited approval of the ECC for the allocation of the surrendered quantity of Rs5.8 billion.

    The ECC was instructed that the Cupboard Division had surrendered Pakistan Industrial Growth Company’s (PIDC) price range amounting to Rs170.4 million, vide letter dated October 28, 2025. Subsequently, a request concerning the switch of PIDC’s price range was forwarded to the Finance Division by the Ministry of Inter-Provincial Coordination. The Finance Division gave approval for the switch of PIDC’s price range of Rs170.4 million.

    The ECC thought of a abstract submitted by the Ministry of Federal Training titled “Approval for Further Funds of Rs5,760 million by a technical supplementary grant throughout FY 2025-26” and gave the inexperienced mild to the proposal.



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