FINANCE MINISTER CLARIFIES REPORTS ON RAMADAN PACKAGE.
Chitral Times Report
Islamabad: The spokesman of the Ministry of Finance has strongly
rebuffed some media reports that Ramadan Package has been scaled
The spokesman said that the Package is announced every year before
holy month of Ramadan in order to provide relief to the consumers.
The spokesman added that traditionally, a summary on the proposed
Ramadan Package is prepared by Ministry of Industries & Production
and placed before the ECC for approval. This year Ministry of
Industries & Production placed the Summary before the ECC proposing
a Ramadan Package of Rs. 1.4 billion. The ECC during discussions in
meeting held on 23-05-2016 enhanced value of package to Rs. 1.75
billion in order to provide greater relief to consumers.
The spokesman further said it is correct that an allocation of Rs.
3.0 billion has been made in the budget for the current financial
year. The allocation is meant to cater for the current year’s
package approved by ECC, as well as arrears of the previous years.
An amount of Rs. 770 million has already been released to USC for
clearance of arrears of the years 2011, 2012 and 2013. The balance
allocation will be used for Ramadan Package 2016 and clearance of
Therefore, there is no question of scaling down the Ramadan
Package. It has actually been scaled up from the previous year’s
level, the spokesman concluded.