Committee additionally approves Rs1b in operational bills, seeks value particulars for transparency and financial compliance
The Financial Coordination Committee (ECC), chaired remotely by Finance Minister Aurangzeb. Picture: X
The Financial Coordination Committee (ECC) on Thursday authorised the speedy launch of Rs19 billion for the Prime Minister’s Ramazan Reduction Bundle, designed to offer focused monetary help to weak households through the holy month.
In response to the assertion issued by Ministry of Finance, the choice was made throughout a gathering of the ECC in Islamabad, chaired remotely by Finance Minister Muhammad Aurangzeb. It was additionally agreed that any further funds could be thought-about according to evolving wants and out there fiscal house.
Final week, Prime Minister Shehbaz Sharif formally unveiled the PM’s Ramazan Bundle 2026, price Rs38 billion, benefiting greater than 12 million households by digital funds.
The PM stated that that they had performed away with the previous distribution system the earlier 12 months, because the gadgets offered to deserving households below the system have been of low high quality, and folks used to attend in queues, compromising their self-respect.
The Financial Coordination Committee (ECC), chaired remotely by Finance Minister Senator Muhammad Aurangzeb, authorised the speedy launch of Rs. 19 billion for the Prime Minister’s Ramzan Reduction Bundle 2026 to make sure well timed disbursement of help to weak households. The… pic.twitter.com/4YY0rxTSJT
— Ministry of Finance, Authorities of Pakistan (@Financegovpk) February 19, 2026
In a submit on X, the ministry said that the ECC additionally granted in-principle approval for Rs1 billion in operational bills, directing that detailed value breakdowns be shared with the Finance Division to make sure transparency, fiscal prudence, and compliance with monetary guidelines.
“The Committee emphasised balancing swift reduction supply with sturdy monetary oversight and famous that any unutilised funds could be surrendered in accordance with established procedures,” the assertion added.
The assertion additional stated the reduction bundle is designed to offer focused money help to low-income households through the holy month, utilizing Nationwide Socio-Financial Registry information to make sure transparency and goal beneficiary choice. “Funds will likely be disbursed instantly by formal banking and digital channels to make sure safe, environment friendly, and dignified supply,” it added.
