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ECC Approves Rs13bn Grant for PTV

ECC Approves Rs13bn Grant for PTV

ECC Approves Rs13bn Grant for PTV

ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs13 billion supplementary grant for Pakistan Television Corporation (PTV) to meet salaries, utility bills and other essential operational expenses.

The decision was taken at a meeting of the ECC chaired by Finance Minister Muhammad Aurangzeb. The Ministry of Information and Broadcasting had sought Rs20 billion in additional funding for the state broadcaster, but the committee approved Rs13 billion.

The approved amount will be released to PTV in quarterly instalments of Rs3.25 billion to help the organisation meet its immediate financial obligations, including employee salaries, utility bills and other operational expenses.

The ECC also directed the Ministry of Information and Broadcasting to prepare and submit a comprehensive plan for PTV’s financial sustainability within two months.

According to a recent Finance Ministry report, PTV’s revenue fell by 22% to Rs14.3 billion during the financial year 2024-25. The state broadcaster also recorded a net loss of Rs639 million during the period.

The report stated that PTV’s accumulated losses had reached around Rs20 billion by June 2025.

PTV is registered under the Companies Act, while Information Secretary Ashfaq Ahmed Khan serves as the organisation’s managing director.

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Business & Markets Correspondent

hanif sabir

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