The federal government has approved the transfer of Rs50 billion to Sindh’s provincial administration to execute its emergency housing initiative.
According to media reports, this decision came from a recent Economic Coordination Committee (ECC) meeting, where the allocation for Sindh’s flood response project was discussed.
The Ministry of Planning, Development and Special Initiatives had initially allocated Rs30 billion for the “Flood Response Emergency Housing Project” in the fiscal year 2024-25 budget.
However, this amount was later revised to Rs50 billion as part of the federal Public Sector Development Programme (PSDP) contribution.
In a briefing, the planning ministry informed ECC members that the Executive Committee of the National Economic Council (Ecnec) had approved a revised project cost of Rs296 billion on June 29, 2024. Ecnec’s approval included instructions to allocate Rs50 billion locally, phased over two years—Rs30 billion for 2024-25 and Rs20 billion for 2025-26.
The Rs30 billion allocated for the current fiscal year is now ready to be transferred to the Sindh government. The funds are designated under Demand No 120 in the Ministry of Planning’s development expenditure for 2024-25 and require reclassification through a technical supplementary grant to enable their transfer to the Sindh government.
The ECC’s decision to approve the planning ministry’s proposal will allow the Finance Division to facilitate the fund transfer to Sindh via debit authority, in alignment with other provincial projects supported under the PSDP.
