The Economic Coordination Committee of the Cabinet has approved a grant of over three billion rupees for various departments and organizations.

The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, approved 2.79 billion rupees for procurement of arms and ammunition and engaging Nespak as design consultant for Digital Enforcement Stations and check posts.

It also nodded approval to 494.56 million rupees to construct barracks and check posts for Frontier Corps Khyber Pakhtunkhwa (North).

Besides, a grant worth 500 million rupees was allowed in favour of the Intelligence Bureau Division.

Speaking on the occasion, the Finance Minister emphasized that the reduction in core inflation, average inflation, and the downward price trends should translate into tangible relief for the common man.

The ECC also directed to ensure strategic reserves of wheat, sugar, and pulses. It instructed to improve the supply chains of essential items ahead of the holy month of Ramadan.

The forum called upon Provincial Price Control Committees to enforce strict compliance with the price control mechanism, curb cartelization, and prevent undue profiteering in order to protect consumers from unfair price hikes.