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ECNEC gives
go ahead to Rs.317.3b projects
By Asad Cheema
ISLAMABAD—The Executive Committee of the National Economic Council (ECNEC)
here on Wednesday approved 32 development projects worth Rs.317.3
billion including foreign exchange component (FEC) of Rs.139.4 billion.
These icluded projects pertaining to Social Welfare, Energy, Water
Resources, Physical Planning, Education, Transport and Communications,
Higher Education, Health Industries and Commerce and Science and
Technology sectors.
The ECNEC meeting was chaired by Caretaker Prime Minister Mohammadmian
Soomro and attended by the ministers, and other senior government
officials. The ECNEC has a mandate to approve development projects of
over Rs.500 million including infrastructure across the country for the
benefit of the people, create employment opportunities, human capital
development and reducing the poverty in the country.
Later briefing the newsmen the Secretary Planning Commission Ghayasuddin
Ahmed said that the ECNEC has met for the 4th time within two-month
during the current financial year. Spokesman Planning Commission, Syed
Asif Sheikh, Principal Information Officer (PIO) Rashid Ahmed Chaudhry
and senior members of the Planning Commission were also present on the
occasion.
The Secretary Planning Commission said the government is also following
the policy to enhance development activities in the country for better
quality of life of the people, increased employment opportunities and
reduced poverty. He added that in the earlier three meetings, 84
development projects costing Rs. 368.5 billion were approved.
“In today’s meeting 32 projects costing Rs.317.3 billion were approved
adding that during the four meetings a total of 116 projects costing
Rs.685.9 billion including foreign exchange component of Rs.260.5
billion were approved by the ECNEC”. He said there was no proposal to
cut in the Public Sector Development Programme (PSDP) adding that
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