ISLAMABAD (Newsman): The ECC of the cabinet approved FBR Transformation Plan including 5 summaries and its detailed evaluation plan in addition to clearance of debt of Pakistan post to the tune of Rs 17 Billion.
Economic Coordination Committee (ECC) of the Cabinet was conducted under the chairmanship of the Finance Minister Mohammad Aurangzeb.
The ECC took up for consideration and approval a summary note made by the Ministry of Communications (Postal Services Wing) for a TSG – Technical Supplementary Grant which amounts to Rs 16.995 billion for clearing of verified pending debt and liabilities of companies and agency working under the partners of Pakistan Post Office Department.
ECC also reviewed and gave approval to a summary sent by the Election Commission of Pakistan for a TSG (Technical Supplementary Grant) of Rs 1.317 billion in regard to the bye-elections of the Local Governments in the province of Sindh, Khyber Pakhtunkhwa and Balochistan.
The Local Government elections in federal capital of Islamabad (ICT) & Punjab province for the fiscal year 2024-25.
The ECC also took up five different proposals made and sent by the FBR (Federal Board of Revenue), which is a portion of FBR Transformation Plan had been earlier given approval by the Prime Minister.
The summary of the FBR is regarding the following five key areas.
1. Upgrading the FBR’s Operational Expertise and Organizational Capacities.
2. Regading FBR Officers – their Performance Management Regime.
3. For FBR Officers – Capacity Building Program.
4. For FBR Transformation Plan – designed Anti-Smuggling Measures.
5. Linked to FBR Officers – Mobility and Transit Accommodation Arrangements.
For all these five these summaries submitted by FBR the ECC held detailed discussion and gave it a principled approval which is also linked with a condition that a third-party impact review evaluation of the involved processes and KPIs suggested.
Under the summaries, these review evualtions would be conducted before the next fiscal budget exercise, while a relevant impact evaluation of the results in line with the KPIs to be framed under the summaries, would be conducted towards the end of calendar year 2025 to check the performance of the complete exercise.
The meeting was attended by Sardar Awais Ahmad Khan Leghari, Minister for Power; Rana Tanveer Hussain, Minister for Industries and Production; Mr. Ali Pervaiz Malik, Minister of State for Finance; Mr. Jam Kamal Khan, Minister for Commerce; the Chairman FBR, the Governor, State Bank of Pakistan; Federal Secretaries, and senior officials from the linked departments and ministries.