Dasu Terror Attack: ECC Approves $2.58 Million Compensation for Chinese Nationals
Key Points:
* Economic Coordination Committee of the Cabinet (ECC) authorizes a $2.58 million compensation package.
* Chinese nationals who died in the Dasu terror attack will receive the funds.
Details:
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the ECC meeting held on May 24, 2024. The committee deliberated upon several proposals and approved the aforementioned compensation package.
Compensation Package:
The ECC’s decision to provide financial support to the families of the deceased Chinese nationals underscores the government’s commitment to address the tragic incident. This compensation package aims to alleviate the financial burden faced by the victims’ families and demonstrate solidarity with the Chinese government and people.
Additional Funding Approvals:
In addition to the compensation package, the ECC granted approvals for various other funding requests.
* Rs70.484 billion for hydropower projects under the Ministry of Water Resources.
* $8 million government support for Roosevelt Hotel in New York.
* Rs2,159.53 million gas bill payment for Pakistan Steel Mill.
* Technical supplementary grants, including Rs1,027.378 million to Earthquake Reconstruction and Rehabilitation Authority and Rs184.509 million to Pakistan Nuclear Regulatory Authority.