Govt releases Rs84 billion for projects under PSDP

ISLAMABAD: According to data compiled by the Ministry of Planning, Development and Reform, the federal government has released Rs 84.43 billion for various ongoing and new development projects under Public Sector Development Program (PSDP) 2019-20, claimed a report in Business Recorder.

The government has released 12 percent of the total budgeted allocation of Rs 701 billion. The government has released Rs 18.8 billion for development projects of various ministries, divisions and related departments out of Rs 327.85 billion budgeted allocation.

The government has released Rs 18.14 billion for the development projects of National Highway Authority (NHA) out of Rs 154.966 billion budgeted allocation and Rs 26.78 billion have been released for security enhancement against Rs 32.5 billion budget allocation.

The government released Rs 1.447 billion out of Rs 9.85 billion for development projects of Interior Division and Rs 2.237 billion for National Health Services, Regulations and Coordination Division. A total of Rs 4.45 billion have been released for Foreign Affairs Division against Rs 29.05 billion budgeted allocation.

The Ministry of Planning, Development and Reform also has released Rs 4.86 billion against the total allocation of Rs 27.264 billion budget allocation for development projects of Azad Jammu and Kashmir (AJK) and Rs 2.885 billion for the development projects of Gilgit-Baltistan against Rs 17.585 billion budget allocation.

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