ECC gives nod to grant of over Rs103b for flood-affected families

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ISLAMABAD, Aug 31(ABC): The Economic Coordination Committee of the Cabinet Tuesday approved Rs103.125 billion as a technical supplementary grant (TSG) under the Benazir Income Support Program for flood-affected families.

Under the programme, financial assistance of Rs25,000 will be disbursed among households in the flood-affected areas. Keeping in view that the BISP has to release its regular quarter tranche in the first week of September 2022 to meet the IMF deadline and considering the budgetary requirements of the cash grant of flood-affected areas, it was proposed that Rs103.125 billion may be released as TSG enabling the BISP to carry out its disbursement operation.