A meeting of Economic Coordination Committee (ECC) approved allocation of funds equivalent to $25 million for National Disaster Risk Management Fund (NDRMF).
The meeting was held in Islamabad on Wednesday with Finance Minister Ishaq Dar in the chair.
Economic Coordination Committee has been allowed exemption from withholding tax on dividends to the Transmission Line Projects under Transmission Policy 2015.
The ECC also accorded approval for grant of Rs 12 million as equity share of government to clear liabilities and financial obligations to facilitate process of winding up of Pakistan Textile City.
Online. ECC approves $25mn for disaster management. Daily Times, February 22, 2017.