Rs583bn released for projects under PSDP

ISLAMABAD: The federal government has released Rs583 billion against the total allocation of Rs701 billion for various ongoing and new uplift projects under the Public Sector Development Programme (PSDP) 2019-20.

According to data released by the Ministry of Planning, Development and Reform, an amount of Rs244.2 billion was released for federal ministries, Rs194.18 billion for corporations and Rs43.56 billion for special areas.

Out of these allocations, the government released Rs49.73 billion for security enhancement in the country, against the total allocation of Rs53 billion for 2019-20.

An amount of Rs97.64 billion was released for the blocks managed by the Finance Division under the government’s 10-year development programme. For Higher Education Commission, the government released an amount of Rs28.28 billion out of its total allocation of Rs29 billion.

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Meanwhile, Rs270.47 million were released for Pakistan Nuclear Regulatory Authority against the total allocation of Rs270.47 million.

The Revenue Division received Rs5.84 billion, whereas the Cabinet Division got Rs34.16 billion during the period under review.

The government also released Rs27.11 billion for Azad Jammu and Kashmir (AJK) projects, while Rs16.34 billion were released for Gilgit Baltistan projects.

For National Highway Authority, the government released Rs167.70 billion against the allocations of Rs173.53 billion.

Under the annual development agenda, the government released Rs8.67 billion for Railways Division, Rs8.39 billion for Interior Division, and Rs8 billion for National Health Services, Regulations, and Coordination Division.

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