PTI government release Rs 536 billion under PSDP including Rs 174 billion in foreign aid

PTI government release Rs 536 billion under PSDP including Rs 174 billion in foreign aid
Shares

*ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has released Rs536.6 billion (79.5 percent) including Rs174.6 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation of Rs675 billion.*

According to the latest data of PSDP 2018-19 released by the Ministry of Planning, Development and Reform, the government released Rs210.65 billion (72.2 percent) including Rs27.03 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs291.55 billion budgeted allocation.

The Ministry of Planning, Development and Reform released a total of Rs208.84 billion for various development projects of the National Highway Authority (NHA), including Rs133.26 billion foreign aid, out of Rs185.2 billion budgeted allocation, as the NHA was released Rs23.64 billion more than the budgeted allocation. An amount of Rs23.2 billion out of Rs28.065 billion budgeted allocation was released for development projects of Pakistan Railways.

Pakistan Atomic Energy Commission received Rs26.27 billion (98.4 percent) out of Rs26.7 billion budgeted allocation for development projects.

The government released Rs54 billion (69.4 percent) including Rs 8.6 billion foreign aid out of Rs78 billion for development projects and schemes of Water Resources Division.

The PTI government released a total of Rs18.5 billion (59.8 percent) including Rs88.6 million foreign aid out of Rs30.96 billion budgeted allocation for Higher Education Commission, Rs7.9 billion were released for the Interior Division, Rs10.13 billion for Communication Division (other than NHA) and Rs2.28 billion for Federal Education and Professional Training Division.

The government released Rs2.74 billion out of Rs12.78 billion budgeted allocation for the development projects of National Health Services, Regulation and Coordination Division, Rs4.07 billion for Planning, Development and Reform and Rs15.26 million for Textile Division. The government released Rs2.1 billion for Defence Production Division and Rs15.6 billion including Rs14.2 billion foreign aid for development projects of Pakistan Space and Upper Atmosphere Research Commission (SUPARCO).

The government released Rs407.3 million for the Cabinet Division against the total budgeted allocation of Rs1 billion. An amount of Rs1 billion was released for the Aviation Division, Rs700 million for Climate Change, Rs1.5 billion for Defence Production Division, Rs1.3 billion for development projects of Maritime Affairs Division, Rs2.69 billion for development projects of Housing and Works Division and Rs3 billion have been released for Revenue Division.

The government released Rs1.214 billion including Rs344.51 million foreign aid for Information Technology and Telecom Division out of Rs1.45 billion budgeted allocation, Rs25.57 billion including Rs718.67 million foreign aid for States and Frontier Region Division, Rs11 billion including Rs10.84 billion foreign aid out of Rs33.37 billion for development projects of Pakistan Electric Power Company (PEPCO) and Rs2.69 billion for the development projects of Housing and Works Division.

The government released Rs24.12 billion (93.3 percent) including Rs2.5 billion foreign aid for development projects of Azad Jammu and Kashmir against the total budgeted allocation of Rs25.86 billion and Rs13.5 billion (72.88 percent) including Rs932.9 million foreign aid for development project of Gilgit-Baltistan out of Rs17.53 billion budgeted allocation for the current fiscal year 2018-19.

The government released Rs3.51 billion for development projects of Earthquake Reconstruction and Rehabilitation Authority (ERRA) out of Rs6.5 billion budgeted allocation.

The funds are released as per quarterly ceilings; first quarter (July-September) 20 percent, second quarter (October-December) 20 percent, third quarter (January-March) 30 percent and fourth quarter (April-June) 30 percent.

Economy