The Hajj 2023 Policy was approved by the Economic Coordination Committee (ECC) of the Cabinet on Monday, and it was also decided to provide $90 million in foreign exchange insurance.
The Federal Minister of Finance and Revenue, Senator Ishaq Dar, presided over the meeting of the Economic Coordination Committee.
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The Ministry of Religious Affairs and Interfaith Harmony has provided an overview of the Hajj Policy 2023. Following discussion, the policy was approved at the meeting, and it was decided to provide $90 million in foreign exchange insurance.
The Hajj quota allotted to Pakistan for the year 2023 is 179,210, and it will be split equally between government and private Hajj schemes in accordance with the policy (50:50). For the sponsorship program, a quota of 50% of each will be set aside.
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The sponsorship program for the government’s Hajj quota is anticipated to generate $194 million, and the private program is anticipated to generate more than $250 million, bringing the total to more than $440 million. The burden of dealing in foreign currencies is anticipated to decrease.
The preliminary Hajj Package for 2023 is Rs. 1,175,000 for the Northern Region and Rs. 1,165,000 for the Southern Region.
The ECC also approved technical supplementary grants (TSG) for the Planning Commission to conduct the 7th Population and Housing Census and for Poverty Alleviation & Social Safety to conduct the National Poverty Graduation Programme (NPGP) totaling Rs. 3.2 billion and Rs. 12 billion, respectively.
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The ECC postponed the Ministry of National Food Security & Research’s summary of the urea fertilizer requirements for the current year with the instruction to take into consideration the suggestions of the committee on the gas distribution plan that the ECC formed and is chaired by Shahid Khaqan Abbasi.
The ECC also ordered a postponement of the Ministry of Industries and Production’s second summary of the Manufacturing Policy for Solar Panels and Allied Equipment 2023, with the instruction to review and revise the proposed policy in light of feedback from all stakeholders.
The meeting was attended by federal secretaries, the former prime minister Shahid Khaqan Abbasi, the SAPMs for Finance and Revenue Tariq Pasha and Tariq Bajwa, as well as the federal ministers for Power Khurram Dastgir, Industries and Production Syed Murtaza Mahmud, Commerce Syed Naveed Qamar, Religious Affairs & Interfaith Harmony Mufti Abdul Shakoor, and Minister of State for Petroleum Musadik Malik.