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Government has Released over Rs 220.2 Billion under its PSDP 2017-2018 - LRE-Azan - 11-14-2017 01:27 PM
The government has released over Rs 220.2 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion.
The released funds include Rs 50.55 billion for federal ministries and Rs 24.047 billion for special areas, according to data released by Ministry of Planning, Development and Reform on Monday. Out of these allocations, Rs 2.649 billion have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs 13.66 billion under PSDP 2017-18.
Railways Division received Rs 9.202 billion out of its total allocation of Rs 42.9 billion whereas Aviation Division received Rs 623.14 million out of its total allocation of Rs 4.348 billion. The government also released an amount of Rs 6.508 billion for various development projects of Higher Education Commission out of total allocation of Rs 35.662 billion, while Rs 3.083 billion have been released for Atomic Energy Commission .
Water and Power Division (water sector) received Rs 8.3 billion out of its total allocation of Rs 36.75 billion under PSDP 2017-18. The government also released Rs 2.1 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 Rs 2.267 billion have been released for Finance Division out of its total allocations of Rs 20.143 billion while Rs 326 million have been released for Climate Change Division out of its total allocations of Rs 815 million for the current year. Similarly an amount of Rs 2.198 billion have been released for Petroleum and Natural Resource.
Reference Link:
https://pakobserver.net/govt-releases-rs220-24b-development-projects-psdp-2017-18/