The Economic Coordination Committee (ECC) of the Cabinet here on Thursday approved the continuation of the Prime Minister’s (PM) Relief Package for the fiscal year 2024-25. The decision was taken in the ECC meeting chaired by Minister for Finance and Revenue Muhammad Aurangzeb, according to a press statement issued here. The ECC approved continuing to relief package through Utility Stores Corporation (USC) with revised priced and subsidy. The proposal to continue the package was presented by the Industries and Production Division.

The ECC also approved the request of the Ministry of Industries and Production to declare the Warehousing and Logistic Sector as an industry, the statement added Minister for Industries and Production Rana Tanveer Hussain, Minister for Commerce Jam Kamal Khan, Minister for Privatisation Abdul Aleem Khan, Deputy Chairman Planning Commission, and other senior officials of the relevant ministries were also present on the occasion. The federal government has decided to continue the current Prime Minister’s package – subsidies on five basic kitchen items – at utility stores until the new package is announced.

Credit: Independent News Pakistan