Govt Releases Rs 659 Billion Under PSDP for Various Development Projects

The government has released Rs 659.5 billion (66 percent) including Rs 155.8 billion from foreign aid for different development projects under the Public Sector Development Program (PSDP) 2017-18 against the total budgeted allocation of Rs 1001 billion.

According to the latest data released by the Ministry of Planning, Development and Reform, the government released Rs 160.02 billion (53 percent of total budgeted amount) for development projects of various federal ministries against the total budgeted allocation of Rs 301.83 billion.

The government has not released funds for development projects of Foreign Affairs Division, National Security Division, Special Provision for Completion of CPEC Project and Gas Infrastructure Development Cess.

The government has released Rs 253.98 billion including Rs 101.38 billion foreign aid for the National Highway Authority (NHA) for which Rs 324.72 billion was budgeted for 2017-18, whereas for WAPDA (Power) an amount of Rs 40.6 billion including Rs 39.95 billion foreign aid has been released, out of the total budgeted allocation of Rs 60.9 billion.

Railways Division received Rs 19.384 billion out of its total budgeted allocation of Rs 42.9 billion whereas Aviation Division received Rs 3.39 billion out of its total budgeted allocation of Rs 4.348 billion.

The government has released an amount of Rs 30.44 billion including Rs 523 million foreign aid for Water and Power Division (Water Sector) against the total budgeted allocation of Rs 36.75 billion for current fiscal year.

The government also released an amount of Rs 19.01 billion for various development projects of Higher Education Commission (HEC) out of total budgeted allocation of Rs 35.662 billion for ongoing financial year, while Rs 126.1 billion has been released for Atomic Energy Commission.

The government has released Rs 2.64 billion to Capital Administration and Development Division, Rs 782.57 million to Climate Change Division, Rs 485 million to Commerce Division, Rs 10.13 billion for Communication Division (other than NHA), Rs 11.88 billion to Interior Division, Rs 286.53 million to Pakistan Nuclear Regulatory Authority and Rs 2.1 billion to Planning, Development and Reform.

An amount of Rs 9.3 billion has been disbursed for National Health Services, Regulations and Coordination Division, for which an amount of Rs 48.701 billion was allocated in the federal PSDP 2017-18 while Rs 13.5 billion has been released for Finance Division out of its total earmarked allocation of Rs 20.9 billion.

Under PSDP 2017-18, an amount of Rs 1.05 billion for different developmental projects of National Food Security and Research Division against the earmarked Rs 1.62 billion for the development of agriculture sector in the country were disbursed.

The government has released Rs 53.43 billion for Special Federal Development Program for temporarily displaced persons (TDPs) against Rs 90 billion budgeted allocation and Rs 11.95 billion for development projects of Prime Minister’s Youth Program under current fiscal year 2017-18.

The entire amount of Rs 30 billion has been released for Prime Minister’s Global SDGs Achievement Program.

The government released Rs 1.77 billion for Port and Shipping Division, Rs 873.95 million to Science and Technological Research Division, Rs 268.597 million for Defense Division, Rs 7.324 million for Housing and Works Division and Rs 1.79 billion for Defense and Production Division.


ALSO READ

Govt to Receive $375 Million in Loans for Agricultural Projects in Punjab


An amount of Rs 464.4 million has been released for Petroleum and Natural Resource Division out of its allocations of Rs 554.291 billion, Rs 2.1 billion for Planning, Development and Reform Division out of its allocations of Rs 8.556 billion whereas Rs 2.4 billion has been released for SUPARCO out of its allocations of Rs 3.5 billion.

The government released Rs 22.75 billion including Rs 877.127 million foreign aid for development projects of Azad Jammu and Kashmir against the total budgeted allocation of Rs 25.84 billion for current fiscal year. The government also released Rs 15.4 billion for development projects of Gilgit-Baltistan against Rs 18.3 billion budgeted allocation, while Rs 25.46 billion have been released for the projects of Federally Administered Tribal Areas (FATA) against the total budgeted allocation of Rs 26.9 billion.



Get Alerts

Follow ProPakistani to get latest news and updates.


ProPakistani Community

Join the groups below to get latest news and updates.



>