ECC approves release of Rs19bn for PM’s Ramazan package

The Economic Coordination Committee (ECC) on Thursday approved the release of Rs19 billion for Prime Minister Shehbaz Sharif’s Ramazan package. On February 12, PM Shehbaz had announced a Rs38bn Ramazan relief package, which would benefit more than 12 million families — around 36m people — through direct digital payments. In a post on X, the finance ministry said Finance Minister Muhammad Aurengzeb remotely chaired a meeting of the ECC. The post said that the ECC approved the “immediate release” of Rs19bn for the prime minister’s package to “ensure timely disbursement of assistance to vulnerable families”. “The remaining requirement out of the proposed Rs25bn will be released as and when necessary, in line with fiscal space,” the ministry said. “The prime minister’s Ramazan relief package 2026 is designed to provide targeted cash assistance to low-income households during the holy month, using National Socio-Economic Registry data to ensure transparency and objective beneficiary selection,” the finance ministry said. It added that the “funds will be disbursed directly through formal banking and digital channels to ensure secure, efficient and dignified delivery”. The ministry further said that during the meeting, the ECC also granted “in-principle approval for Rs1bn operational expenses, directing that detailed cost breakdowns be shared with the Finance Division to ensure transparency, fiscal prudence, and compliance with financial rules”. It stressed “balancing swift relief delivery with strong financial oversight” and further noted that “any unutilised funds would be surrendered in accordance with established procedures”.

By none@none.com (News Desk)