Federal government released huge funds worth Rs 297 billion under PSDP

Shares
Federal government released huge funds worth Rs 297 billion under PSDP

ISLAMABAD – The federal government has released Rs297.643 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20 from the total allocated budget of Rs701 billion.

Under its development programme, the government has released an amount of Rs135.113 billion for federal ministries, Rs100.56 billion for corporations and Rs21.52 billion for special areas, according to a latest data released by the Ministry for Planning, Development and Reform.

Out of these allocations, the government released Rs26.78 billion for security enhancement in the country for which the government had allocated Rs32.5 billion during the year 2019-20.

An amount of Rs12 billion has also been released for the merged areas of erstwhile Federally Administered Tribal Areas (FATA) under the government’s 10 years development programme.

Similarly for Higher Education Commission (HEC), the government released an amount of Rs14.1 billion out of the total allocated budget of Rs29 billion, whereas Rs150.73 billion were released for Pakistan Nuclear Energy Authority for which the government allocated Rs301.48 billion in the development budget.

For the National Highway Authority (NHA), the government released Rs93.57 billion against its allocations of Rs154.96 billion.

Under annual development agenda, the government released Rs6.4 billion for Railways Division out of its total allocated amount of Rs16 billion, Rs4.47 billion for Interior Division, and Rs5.56 billion for National Health Services, Regulations, and Coordination Division.

Revenue Division has received Rs3.2 billion out of its total allocation of Rs1.9 billion, and the Cabinet Division received Rs19.3 billion from the total of Rs39.986 billion allocated for the year 2019-20.

The government has also released Rs12.75 billion for Azad Jammu and Kashmir (AJK) block and other projects out of its allocation of Rs27.26 billion and Rs8.7 billion for Gilgit Baltistan (Block and other projects).