{"id":100477,"date":"2024-11-12T12:39:16","date_gmt":"2024-11-12T07:39:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=100477"},"modified":"2024-11-12T12:39:20","modified_gmt":"2024-11-12T07:39:20","slug":"ecc-grants-billions-sindh-flood-relief-housing","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ecc-grants-billions-sindh-flood-relief-housing.html","title":{"rendered":"PKR 50 bn cleared for Sindh\u2019s Flood-Relief Housing under ECC approval"},"content":{"rendered":"\n<p>Karachi: The Federal Government has approved PKR 50 billion for Sindh&#8217;s emergency housing project to aid communities impacted by recent floods, according to a news source on November 7.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/rda-bans-new-housing-schemes-in-5-tehsils.html\" target=\"_blank\" rel=\"noreferrer noopener\">RDA bans new housing schemes in 5 tehsils to protect agricultural land<\/a><\/p>\n\n\n\n<p>Pursuant to the details, the funding decision, finalised in a recent Economic Coordination Committee (ECC) meeting, is part of the Public Sector Development Programme (PSDP) and surpasses the initial PKR 30 billion proposed by the Ministry of Planning, Development, and Special Initiatives for fiscal year 2024-25.<\/p>\n\n\n\n<p>This housing initiative, which gained Executive Committee of the National Economic Council (ECNEC) approval in June, carries an estimated total cost of PKR 296 billion. ECNEC has recommended a phased funding plan, with PKR 30 billion allocated for the current fiscal year and an additional PKR 20 billion for 2025-26. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-houses-in-islamabad-may-be-replaced-with-high-rises-under-new-proposal.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt houses in Islamabad may be replaced with high-rises under new proposal<\/a><\/p>\n\n\n\n<p>The PKR 30 billion designated for 2024-25 is already listed under Demand No. 120 in the Ministry of Planning&#8217;s development budget and is ready for transfer. With ECC\u2019s approval, the Finance Division is now authorised to release these funds to the Sindh government, supporting urgent flood relief and complementing other PSDP-backed provincial projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Federal Government has approved PKR 50 billion for Sindh&#8217;s emergency housing project to aid communities impacted by recent floods, according to a news source on November 7. Read: RDA bans new housing schemes in 5 tehsils to protect agricultural land Pursuant to the details, the funding decision, finalised in a recent Economic Coordination Committee (ECC) meeting, is part of the Public Sector Development Programme (PSDP) and surpasses the initial PKR 30 billion proposed by the Ministry of Planning, Development, and Special Initiatives for fiscal year 2024-25. This housing initiative, which gained Executive Committee of the National Economic Council (ECNEC) approval in June, carries an estimated total cost of PKR 296 billion. ECNEC has recommended a phased funding plan, with PKR 30 billion allocated for the current fiscal year and an additional PKR 20 billion for 2025-26. Read: Govt houses in Islamabad may be replaced with high-rises under new proposal The PKR 30 billion designated for 2024-25 is already listed under Demand No. 120 in the Ministry of Planning&#8217;s development budget and is ready for transfer. With ECC\u2019s approval, the Finance Division is now authorised to release these funds to the Sindh government, supporting urgent flood relief and complementing&hellip;<\/p>\n","protected":false},"author":88,"featured_media":76101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[60403,57908],"persona":[],"class_list":{"0":"post-100477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-flood-relief-housing-news-and-updates","9":"tag-sindh-news-and-updates","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECC Grants Billions for Sindh Flood Relief Housing - Zameen News<\/title>\n<meta name=\"description\" content=\"Federal Government allocates PKR 50 billion for Sindh&#039;s emergency housing to support flood-affected communities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ecc-grants-billions-sindh-flood-relief-housing.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECC Grants Billions for Sindh Flood Relief Housing - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Federal Government allocates PKR 50 billion for Sindh&#039;s emergency housing to support flood-affected communities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ecc-grants-billions-sindh-flood-relief-housing.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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