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The Financial Coordination Committee (ECC) of the cupboard has accepted the creation of a Digital Media Wing within the Ministry of Data and Broadcasting to counter faux/libelous information.

Adviser to the Prime Minister on Finance and Income, Dr. Abdul Hafeez Shaikh chaired the assembly of the Financial Coordination Committee (ECC) of the cupboard on the Cupboard Division.

ECC thought of and accepted the grant of Rs. 153.25 million from the finances of the Ministry of Finance, as a technical supplementary grant for the Ministry of Inside, to be given by means of the Workplace of the Deputy Commissioner of Islamabad for compensation to the victims of a suicidal assault at District courts F-Eight Islamabad on 03-Three-2014.

Finance Division supported the proposal in compliance with the orders of the Supreme Court docket of Pakistan.

So as to register Postal Life Insurance coverage as a Public Restricted Firm, ECC accepted an quantity of Rs. 700 million as preliminary paid-up capital. The quantity shall be allotted by the Finance Division and transferred to the proposed Postal Life Insurance coverage Firm. After the approval, Postal Life Insurance coverage shall fall below the regulatory framework of the Securities and Alternate Fee of Pakistan.

ECC additionally accepted the creation of Digital Media Wing within the Ministry of Data and Broadcasting. The aim of the Wing is to successfully counter the faux/libelous information and spotlight the event agenda of the federal government. The ECC directed the MoI&B to proceed with the creation of the wing through the use of out there assets.

ECC additionally accepted the modification in SRO 192(1)/ 2019 dated 11-02-2019 extending exemption from the regulatory responsibility to export-oriented models.

The committee accepted the switch of funds amounting to Rs. 31.5 million in equal international change from the Ministry of Inside to the Ministry of Defence as Technical Supplementary Grant for the logistic assist for the upkeep of Cessna plane.

ECC’s assembly was attended by Federal Ministers for Nationwide Meals Safety and Analysis, Railways, Vitality, Privatization and different senior officers of the totally different Ministries.

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