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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 22 Apr 2026 18:27:42 +0500</pubDate>
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      <title>ECC approves Rs2.5bn for Pakistan Maritime Science and Technology Park</title>
      <link>https://english.aaj.tv/news/330441087/ecc-approves-rs25bn-for-pakistan-maritime-science-and-technology-park</link>
      <description>&lt;p&gt;&lt;strong&gt;The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a grant of Rs2.5 billion for the establishment of the Pakistan Maritime Science and Technology Park under the Pakistan Navy.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The ECC meeting, chaired by Finance Minister Muhammad Aurangzeb, also approved 45 million UAE dirhams — available in rupee cover with the Frontier Works Organisation (FWO) — to settle an overdraft facility used by FWO for its overseas construction projects in the United Arab Emirates.&lt;/p&gt;
&lt;p&gt;In addition, the committee approved Rs455.984 million for the Election Commission of Pakistan (ECP) to meet expenses related to local government elections during the 2025-26 fiscal year.&lt;/p&gt;
&lt;p&gt;The installation of individual electricity meters in the Pakistan Mint Residential Colony was also approved.&lt;/p&gt;
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&lt;p&gt;The ECC further sanctioned Rs21.5 million for the procurement of spare parts for helicopter maintenance by the Headquarters Pakistan Rangers (Punjab) during the current financial year.&lt;/p&gt;
&lt;p&gt;During the meeting, Finance Minister Aurangzeb directed all relevant ministries and provincial authorities to ensure the effective implementation of measures aimed at price stabilisation and controlling inflation.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a grant of Rs2.5 billion for the establishment of the Pakistan Maritime Science and Technology Park under the Pakistan Navy.</strong></p>
<p>The ECC meeting, chaired by Finance Minister Muhammad Aurangzeb, also approved 45 million UAE dirhams — available in rupee cover with the Frontier Works Organisation (FWO) — to settle an overdraft facility used by FWO for its overseas construction projects in the United Arab Emirates.</p>
<p>In addition, the committee approved Rs455.984 million for the Election Commission of Pakistan (ECP) to meet expenses related to local government elections during the 2025-26 fiscal year.</p>
<p>The installation of individual electricity meters in the Pakistan Mint Residential Colony was also approved.</p>
<center><p><a href="https://whatsapp.com/channel/0029Va8czsoLNSZzP877bA0I">
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<p></a></p></center></p>
<p>The ECC further sanctioned Rs21.5 million for the procurement of spare parts for helicopter maintenance by the Headquarters Pakistan Rangers (Punjab) during the current financial year.</p>
<p>During the meeting, Finance Minister Aurangzeb directed all relevant ministries and provincial authorities to ensure the effective implementation of measures aimed at price stabilisation and controlling inflation.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330441087</guid>
      <pubDate>Fri, 24 Oct 2025 22:03:08 +0500</pubDate>
      <author>none@none.com (Radio Pakistan)</author>
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