Pakistan economic body approves immediate release of $67.9 million for Ramadan package

People buy iftar meals on the first day of the Islamic holy fasting month of Ramadan in Rawalpindi on February 19, 2026. (AFP)
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Updated 19 February 2026
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Pakistan economic body approves immediate release of $67.9 million for Ramadan package

  • Overall size of Prime Minister’s Ramadan Relief Package is $139 million, says Finance Division
  • Says remaining funds will be released as per evolving requirements, available fiscal space

ISLAMABAD: Pakistan’s Economic Coordination Committee (ECC) on Thursday approved the immediate release of Rs19 billion [$67.9 million] for the Prime Minister’s Ramadan Relief Package, the Finance Division said, with the rest of the funds to be released keeping in mind available fiscal space. 

Prime Minister Shehbaz Sharif last week launched a Rs39 billion ($139 million) Ramadan relief package, pledging direct digital cash transfers of Rs13,000 ($47) each to 12.1 million low-income families across Pakistan. 

Pakistan’s government launches Ramadan relief packages every year before the holy month begins to lessen the burden of inflation on low-income families. 

Finance Minister Muhammad Aurangzeb chaired the CEC meeting on Thursday, in which participants considered a summary from the Ministry of Poverty Alleviation seeking the approval of Rs25 billion [$89.3 million] 

“The Finance Division informed the Committee that Rs19 billion had already been budgeted for the Ramzan package for the current financial year and that the remaining requirement would be released as and when necessary,” the statement said. 

“The ECC accordingly approved the immediate release of Rs19 billion to enable prompt commencement of disbursement, while agreeing that any additional funds would be considered in line with evolving requirements and available fiscal space,” it added. 

The Finance Division noted that the overall size of the package is Rs39 billion [$139 million] out of which Rs10 billion [$35.7 million] are already available with the Benazir Income Support Program (BISP), Pakistan’s largest social safety net that provides unconditional cash transfers to the poor. 

The Finance Division said Rs29 billion have been arranged through three components considered by the ECC today, including the Technical Supplementary Grant, operational expenditures and the regularization of re-appropriated funds.

“This financing structure ensures that the package is fully resourced while maintaining fiscal discipline and transparency in implementation,” it added. 

The ECC reaffirmed the government’s commitment to extending “timely and dignified” support to deserving segments of society during Ramadan, while upholding fiscal responsibility and robust oversight in the implementation of relief measures.

“It emphasized the need to balance expeditious disbursement of relief with fiscal prudence and transparency in operational expenditures,” it added. 

The government will distribute the relief package through bank accounts and regulated mobile wallet platforms, fully replacing the previous utility store-based subsidy model with a digital payment mechanism overseen by the State Bank of Pakistan.

The allocation marks a sharp increase from last year’s Rs 20 billion ($72 million) Ramadan program, as the government expands coverage and deepens its shift toward cash-based targeted subsidies.


At OIC meeting, Pakistan calls on world to halt Israel’s annexation of West Bank

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At OIC meeting, Pakistan calls on world to halt Israel’s annexation of West Bank

  • Israel this month decided to approve land registration procedures in parts of the West Bank for the first time since 1967
  • FM Ishaq Dar demands end to Palestinian displacement, reconstruction of Gaza, pathway to independent Palestinian state

ISLAMABAD: Pakistan on Friday called on the international community to stop Israel from annexing the occupied West Bank, demanding a “political pathway” toward an independent Palestinian state.
Israel decided this month to approve land registration procedures in parts of the West Bank for the first time since 1967, drawing sharp criticism from Muslim nations along with several European countries, which described it as a move to ease the path for settlement expansion and annexation.

Speaking at an extraordinary ministerial session of the Organization of Islamic Cooperation (OIC), Pakistani Foreign Minister Ishaq Dar said the development carries profound implications not only for the Palestinian people but also for the credibility of international law, United Nations charter and the integrity of the multilateral system.

“Israel continues with impunity to expand illegal settlements and enforce de facto annexation in the Occupied West Bank. These actions, flagrantly violate international law including UN Charter, UN Security Council Resolution 2803 [endorsing President Donald Trump’s peace plan for Gaza], undermine all diplomatic efforts and threaten the very foundation of a just and lasting peace,” Dar said.

“These violations embolden further aggression, erode regional stability and trample on the rights and dignity of the Palestinian people. The international community must decisively act and act now to halt these violations, uphold international law and ensure delivery of the assurances made in good faith to the group of eight Arab-Islamic countries, including Pakistan.”

The West Bank is among the territories that the Palestinians seek for a future independent state. Much of it is under Israeli military control, with limited Palestinian self-rule in some areas run by the Western-backed Palestinian Authority (PA). More than 500,000 Israelis live in settlements and outposts in the West Bank, excluding Israeli-annexed East Jerusalem, alongside nearly three million Palestinians.

Dar recalled that leaders and the foreign ministers of the group of eight Arab-Islamic countries, including Pakistan, engaged with United States President Donald Trump on the sidelines of the UN General Assembly on Sept. 25 to help end the bloodshed in Gaza, ensure unimpeded humanitarian access, secure a permanent and sustainable ceasefire and advance a comprehensive peace process for the Palestinian brothers and sisters.

“During these consultations, we, the group of eight, ensured that the non-annexation of the Occupied West Bank remained firmly on the agenda and assurances were given to us in New York that the annexation of West Bank would not take place,” he said.
“In view of the serious gravity of the situation, we need to collectively ensure, first, an immediate reversal of all Israeli measures aimed at de-facto annexation of the Occupied Palestinian Territory, including West Bank, which constitutes a red line for any just resolution of the issue of Palestine.”

Pakistan is among the Group of Eight Arab Islamic countries, which also includes Saudi Arabia, Jordan, the United Arab Emirates, Qatar, Indonesia, Egypt and Türkiye. Islamabad does not have diplomatic relations with Israel and maintains a firm policy of non-recognition, rooted in its support for an independent Palestinian state in the Middle East with Al-Quds Al-Sharif as its capital.

Speaking at the meeting, Dar called for an immediate end to all “forms of displacement, democratic manipulation and collective punishment” of the Palestinians, a ceasefire in and reconstruction of Gaza as well as “a credible, irreversible and time-bound political horizon” leading to the establishment of a Palestinian state.