Federal government released Rs 629 billion under PSDP

Federal government released Rs 629 billion under PSDP

ISLAMABAD - The federal government has so far released Rs629.141 billion for various ongoing and new social sector uplift projects under its Public Sector Development Program (PSDP) 2018-19 as against the total allocation of Rs675 billion.

Under its development program, so far the government had released an amount of Rs250.220 billion for federal ministries, where as Rs241.511 billion for corporations and Rs42.389 billion for special areas, according to latest data released by Ministry of Planning, Development and Reform.

Out of these allocations, the government released Rs227.613 billion for National Highway Authority (NHA) out of its total allocation of Rs185.197 billion.

Under annual development agenda, the government had also released Rs138.98 billion have been released for NTDC and PEPCO for which an amount of Rs33.365 billion was allocated under PSDP 2018-19.

Similarly, Rs10.143 billion have been released for Communication Division (other than NHA) as the government had earmarked Rs13.977 billion in its PSDP 2018-19.

Railways Division received Rs23.258 billion out of its total allocation of Rs28.06 billion whereas Aviation Division received Rs1572.626 million out of total allocation of Rs3.65 billion.