ISLAMABAD: The federal government has issued Rs 131.448 billion for different developmental projects against the total allocation of Rs 700 billion.
The government released the amount under Public Sector Development Programme (PSDP) 2015-16.
According to latest data released by the Planning Commission of Pakistan Rs 2.979 billion has released for different projects of Pakistan Atomic Energy Commission as against the total allocation of Rs 30.408 billion for fiscal year 2015-16.
The government has released Rs 4.045 billion for Higher Education Commission as compared to the total allocation of Rs 20.500 billion for the year 2015-16. Under PSDP 2015-16, an amount of Rs 6.669 billion has released for uplift and improvement of the services of Railways Division as government had earmarked Rs 41 billion for the development of Pakistan Railways.
Meanwhile, a sum of Rs 1.773 billion has released for different projects of National Health Services, Regulations and Coordination Division as against Rs 20.701 billion earmarked for current fiscal year.
Under development programme, Rs 11.593 billion has released for infrastructure development projects under National highway Authority (NHA) as compared to the total allocation of Rs. 159 billion for FY 2015-16.
The government has released Rs. 284.212 million for National Food Security and Research Division, Rs 205 million for Science and Technical research Division and Rs 40 million for Water and Power Division (water sector) projects respectively.
Under PSDP, 2015-16 an amount of Rs 2.200 billion has released for Azad Jammu and Kashmir block and other projects as against the total allocation of Rs 13.300 billion for current fiscal year. Rs 3.725 billion has released for the development of Federally Administrative Tribal Areas (FATA) and SAFRON where as government has allocated Rs 19.700 billion for fiscal year 2015-16 for uplift of these areas.
According the details, government has so far released Rs 20.529 billion for the developmental projects under different federal ministries and Rs 31.593 billion for corporations. The government has released Rs 52.600 billion for Temporary Displaced Persons (TDPs) and security enhancement under current year’s development programme for the rehabilitations of TDPs.
The Planning Commission of Pakistan was following a proper mechanism to release funds as per following 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.
