The Economic Coordination Committee (ECC) has approved more than Rs. 40 billion in supplementary grants along with a Rs. 100 billion sovereign-guarantee-backed financing facility for Pakistan State Oil (PSO).
The decision is aimed at ensuring an uninterrupted fuel supply across the country despite growing financial pressure.
The meeting was chaired by Finance Minister Muhammad Aurangzeb, where officials reviewed key financial and development requirements of different government sectors.
In addition to support for the energy sector, the committee also approved expanded special honoraria for government departments involved in budget-related work. It further sanctioned additional development funds, including Rs. 10 billion for parliamentarians’ development schemes.
A significant allocation of Rs. 10.15 billion was also approved for the Pakistan Navy’s Hangor Project, which is part of ongoing efforts to strengthen defence capabilities.
The ECC also cleared billions of rupees in grants for security-related needs, infrastructure development, and administrative expenditures across various institutions.
Officials said these financial decisions are intended to maintain stability in essential public services and support ongoing development projects across the country. They added that the funding will also help address liquidity challenges faced by key state institutions.
The government stated that such measures are necessary to ensure smooth operations in critical sectors like energy, defence, and public administration.