Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Rs318.49b released for development projects under PSDP 2017-18

byCT Report
29/12/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The government has released over Rs318.49 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against the total allocations of Rs1001 billion.

The released funds include Rs78.36 billion for federal ministries and Rs26.67 billion for special areas, according to data released by Ministry of Planning, Development and Reform.

You might also like

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

Kerosene prices slashed by Rs48.29 per litre in Pakistan

20/06/2026

Out of these allocations the government has released Rs116.39 billion for National Highway Authority for which Rs325.7 billion have been allocated for the year 2017-18, whereas for WAPDA (Power) an amount of Rs19.28 billion has been released out of total allocation of Rs63.28 billion.

Similarly Rs5.276 billion have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs13.66 billion under PSDP 2017-18.

Railways Division received Rs9.384 billion out of its total allocation of Rs42.9 billion whereas Aviation Division received Rs964.8 million out of its total allocation of Rs4.348 billion.

The government also released an amount of Rs11.628 billion for various development projects of Higher Education Commission out of total allocation of Rs35.662 billion, while Rs3.083 billion have been released for Atomic Energy Commission .

Water and Power Division (water sector) received Rs10.4 billion out of its total allocation of Rs36.75 billion under PSDP 2017-18. The government also released Rs 8.06 billion for National Health Services, Regulations and Coordination Division, for which an amount of Rs 48.701 billion have been allocated in the federal PSDP 2017-18 while Rs 114.612 million have been released for Pakistan Nuclear Regulatory Authority out of its total allocations of Rs 409.553 million.

An amount of Rs6.942 billion have been released for Finance Division out of its total allocations of Rs20.143 billion while 326 million have been released for Climate Change Division out of its total allocations of Rs815 million for the current year.

Similarly an amount of Rs 3.72 billion have been released for Petroleum and Natural Resource Division out of its allocations of Rs 5.278 billion, Rs 1.732 billion for Planning, Development and Reform Division out of its allocations of Rs 10.869 billion whereas Rs 1 billion have been released for SUPARCO out of its allocations of Rs 3.5 billion.

Likewise, the government also released Rs 2.35 billion for Housing and Works division while Rs 61.25 million for Human Rights Division, and Rs 385 million for National Food Security and Research Division.

The government has also released Rs 8.615 billion for AJK (block and other projects) out of its allocations of Rs 25.844. billion, Rs7.5 billion for Gilgit Baltistan (block and other projects) out of its allocations of Rs 18.3 billion whereas Rs 10.5 billion have been released for SAFRON/FATA (Block and other projects) out of its total allocations of Rs 26.90 billion for the FY2018.

The government also released Rs 30 billion for Prime Minister’s Global SDGS Achievement Programme whereas Rs 1.8 billion have been released for ERRA out of its total allocations of Rs 7.5 billion.

An amount of Rs 9.199 billion have been released for Prime Minister’s Youth Hunarmand Programme out of its total allocations of Rs 20 billion, according to the data.

The Planning Commission of Pakistan has been following a proper mechanism for the release of funds and accordingly funds are released as per given mechanism. The commission releases 20% of funds in first quarter (July September), 20% in second quarter (October December), 25% third quarter (January March) and 35% in fourth quarter (April June).

Related Stories

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Kerosene prices slashed by Rs48.29 per litre in Pakistan

byCT Report
20/06/2026

ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...

World Bank mission reviews Sukkur Barrage project

byCT Report
18/06/2026

SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...

New, simple electricity bill format launched

byCT Report
17/06/2026

ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...

Next Post

Rs3.567b revenue recovered during current year

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.