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Govt releases Rs 110.44b for projects under PSDP 2016-17

byCT Report
04/10/2016
in Business
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ISLAMABAD: The government has released a sum of Rs 110.44 billion for different projects under the Public Sector Development Programme (PSDP) 2016-17 against the total allocation of Rs 800 billion.

As per the information discharged by the Planning Commission of Pakistan, Rs 2.704 billion has been discharged for various ventures of Pakistan Atomic Energy Commission. With a specific end goal to enhance and modernize street framework, the legislature has discharged a total of Rs 18.183 billion for various formative tasks under the National Highway Authority (NHA) as analyzed the distributed of Rs 188.84 billion for current year’s improvement programme.

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The government has also released a sum of Rs 9.37 billion for the uplift and development of Pakistan Railways to improve performance and service delivery, while a sum of Rs 4.297 billion has been released for different projects of the Higher Education Commission.

A sum of Rs 5.507 billion has been released for the national health services despite the fact that the government has earmarked a sum of Rs 24.95 billion it the PSDP for uplift of health sector. During the period under review, an amount of Rs 3.29 billion has been released for construction and development of water reservoirs.

Meanwhile, a sum of Rs 2.15 billion has been released for different projects of Planning, Development and Reforms Division, whereas a sum of Rs 1.82 billion has been released for the Housing and Works Division and Rs 2.604 billion for the Interior Division.

Similarly, the government has released a sum of Rs 2.75 million for Azad Jammu and Kashmir block. It may be mentioned that the government has so far released a sum of Rs 4.5 billion for Gilgit-Baltistan and Rs 4.13 billion for SAFRON and Federally Administrative Tribal Areas (FATA), respectively. By the end of last month the government has released a sum of Rs 36.66 billion for the developmental projects under different federal ministries.

A sum of Rs 41.22 billion has been released for rehabilitation of Temporary Displaced Persons (TDPs) and security enhancement, while development projects under the National Food Security and Research Division can fetch Rs 0.24 million.

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