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Centre pays 40% of total development funds to provinces: Ahsan

byCT Report
11/04/2016
in Business
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KARACHI: Federal Minister for Planning and Development Ahsan Iqbal has said that the federal government has paid 40 per cent of the funds allocated in the Centre’s current budget (2015-16) for carrying out development work.

Addressing a press conference at the Sindh Secretariat after presiding over a meeting to review the development work being carried out in the province under the federal government’s Vision 2025, the minister said that the remaining amount will be dispatched within three months. Ministers of Sindh, Balochistan, Khyber-Pakhtunkhwa and Gilgit Baltistan were also present in the meeting.

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The minister said the federal and provincial governments needed to be on the same page and work on a unified strategy while considering development works. He said he had asked the provincial governments to inform him about the details of resources and problems being faced by provinces, since there was a need for collective research about development issues being faced by the country.

He said after the adoption of the 18th Constitutional Amendment, it had become imperative for the federal and provincial governments to collectively work on development projects. He said the government had a special focus on developing the energy sector with a view to enhance electricity production to 10,000MW by the year 2018, and increasing power production to 25,000MW by 2028.

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