The Economic Coordination Committee (ECC) of the federal cabinet has approved over Rs 27 billion to ensure financial support for key initiatives, ARY News reports.
This includes membership in the New Development Bank, established by BRICS member countries. The committee endorsed the purchase of 5,882 capital shares in the bank, amounting to 582 million dollars, with 116 million dollars as paid-in capital.
Read more: The New Development Bank: Ten years later
