ECC approves release of Rs19bn for PM’s Ramazan package

Published February 19, 2026
Finance Minister Muhammad Aurangzeb chairs a meeting of the Economic Coordination Committee. — Photo via X/@Financegovpk
Finance Minister Muhammad Aurangzeb chairs a meeting of the Economic Coordination Committee. — Photo via X/@Financegovpk

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”.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Spoiler alert
17 Jun, 2026

Spoiler alert

AFTER the temporary peace deal between the US and Iran is physically signed in Geneva on Friday, an arduous process...
Storm-tested cities
17 Jun, 2026

Storm-tested cities

THE deaths caused by the latest spell of monsoon rains in KP and Punjab illustrate how quickly severe weather can...
Chakwal tragedy
17 Jun, 2026

Chakwal tragedy

A NINE-year-old girl is dead because a Punjab Crime Control Department gunman mistook her family’s car for a...
A new deal
Updated 16 Jun, 2026

A new deal

AFTER three and a half months of war between US-Israel and Iran and an acrimonious temporary ceasefire, a genuine...
Charter of economy
16 Jun, 2026

Charter of economy

NO one expected the PTI to accept the government’s invitation to sign a charter of economy; just as few expected...
Hostage seamen
16 Jun, 2026

Hostage seamen

SOME 50 days on, 11 Pakistani nationals are still in Somali pirates’ captivity. Their appeals to the Pakistani and...