The Economic Coordination Committee (ECC) has approved significant new funding for critical sectors of Pakistan’s economy, following positive trends in inflation moderation. The committee, chaired by Finance Minister Senator Muhammad Aurangzeb, held a detailed session on Thursday to review the country’s economic outlook and plan development and social-sector initiatives.
During the meeting, Dr. Imtiaz Ahmad, Chief Economist at the Planning, Development and Special Initiatives Division, provided a comprehensive briefing on inflation trends and the overall economic scenario. The briefing highlighted that inflation has shown signs of stabilizing, allowing the government to strategically allocate resources for growth-focused projects.
The ECC sanctioned additional spending across multiple sectors, including education, energy, housing, tourism, and defence-linked projects. The move aims to stimulate economic activity while addressing social and infrastructure needs nationwide. By channeling funds into these key areas, the government seeks to improve public services, enhance energy efficiency, and promote sustainable development initiatives.
Education received priority attention, with new allocations aimed at improving infrastructure, teacher training, and access to learning resources. In the energy sector, funding will support renewable energy projects, grid enhancement, and efficiency improvements to meet growing demand while reducing operational costs. Housing and tourism projects are also set to receive substantial investment, contributing to employment generation and economic diversification.
The ECC’s approval of defence-linked projects reflects the government’s ongoing commitment to national security and strategic preparedness, while aligning expenditure with broader economic planning. Officials emphasized that these allocations would be closely monitored to ensure effective utilization and measurable outcomes.
Finance Minister Senator Muhammad Aurangzeb highlighted that the ECC’s proactive approach underscores the government’s focus on balancing fiscal discipline with developmental priorities. By leveraging improving inflation trends, the government aims to boost economic confidence and provide timely support to sectors critical for long-term growth.
The committee also discussed mechanisms to ensure transparency and efficiency in fund deployment, stressing accountability in project implementation. With these measures, the ECC intends to drive economic stability, social progress, and sectoral development, reinforcing Pakistan’s path toward sustained economic growth and financial resilience.
