AGL 39.18 Decreased By ▼ -0.82 (-2.05%)
AIRLINK 127.98 Decreased By ▼ -1.08 (-0.84%)
BOP 6.84 Increased By ▲ 0.09 (1.33%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.40 Decreased By ▼ -0.15 (-1.75%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 82.25 Increased By ▲ 1.29 (1.59%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 74.20 Decreased By ▼ -0.23 (-0.31%)
FFL 11.85 Increased By ▲ 0.11 (0.94%)
HUBC 110.07 Increased By ▲ 0.49 (0.45%)
HUMNL 14.05 Increased By ▲ 0.30 (2.18%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.47 Decreased By ▼ -0.25 (-3.24%)
MLCF 39.25 Increased By ▲ 0.65 (1.68%)
NBP 63.80 Increased By ▲ 0.29 (0.46%)
OGDC 193.00 Decreased By ▼ -1.69 (-0.87%)
PAEL 25.59 Decreased By ▼ -0.12 (-0.47%)
PIBTL 7.30 Decreased By ▼ -0.09 (-1.22%)
PPL 153.00 Decreased By ▼ -2.45 (-1.58%)
PRL 25.50 Decreased By ▼ -0.29 (-1.12%)
PTC 17.54 Increased By ▲ 0.04 (0.23%)
SEARL 81.50 Increased By ▲ 2.85 (3.62%)
TELE 7.62 Decreased By ▼ -0.24 (-3.05%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.43 Increased By ▲ 0.03 (0.36%)
TREET 16.37 Increased By ▲ 0.10 (0.61%)
TRG 56.67 Decreased By ▼ -1.55 (-2.66%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.36 Decreased By ▼ -0.03 (-2.16%)
BR100 10,509 Increased By 63.7 (0.61%)
BR30 31,122 Decreased By -67.6 (-0.22%)
KSE100 98,213 Increased By 414.4 (0.42%)
KSE30 30,661 Increased By 180.5 (0.59%)

The Pakistan Tehreek-e-Insaf (PTI) government has released Rs 374 billion (55.41 per cent), including Rs 160.3 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation of Rs 675 billion.
According to the latest data of PSDP 2018-19 released by the Ministry of Planning, Development and Reform, the government released a total of Rs 153.6 billion (52.7 per cent) including Rs 25.24 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs 291.55 billion budgeted allocation. Rest of the amount were released under other heads.
The government has not released development funds so far for erstwhile Federally Administered Tribal Areas (FATA), which is in the process of merger with Khyber Pakhtunkhwa (KP).
The Ministry of Planning, Development and Reform released a total of Rs 158 billion (85 per cent), including Rs 120.2 billion foreign aid out of Rs 185.2 billion budgeted allocation for various development projects of National Highway Authority (NHA) and Rs 17 billion out of Rs 28.065 billion budgeted allocation for development projects of the Pakistan Railways.
The government released Rs 28.55 billion (36.4 per cent), including Rs 7.3 billion foreign aid out of Rs 78 billion for development projects and schemes of Water Resources Division.
The PTI government released a total of Rs 18.5 billon (59.8 per cent), including Rs 88.6 million foreign aid out of Rs 30.96 billion budgeted allocation for Higher Education Commission, Rs 7.91 billion were released for the Interior Division, Rs 6.33 billion for Communication Division (other than NHA) and Rs 2.26 billion were released for Federal Education and Professional Training Division.
The government released Rs 965.42 million, including Rs 344.51 million foreign aid for Information Technology and Telecom Division out of Rs 1.45 billion budgeted allocation, Rs 18.37 billion, including Rs 718.67 million foreign aid for States and Frontier Region Division, Rs 11.89 billion, including Rs 11.8 billion foreign aid out of Rs 33.37 billion for development projects of Pakistan Electric Power Company (PEPCO) and Rs 2.06 billion for the development projects of Housing and Works Division.
The government released Rs 2.73 billion out of Rs 12.78 billion budgeted allocation for the development projects of the National Health Services, Regulation and Coordination Division, Rs 2 billion for Planning, Development and Reforms and Rs 12.6 million for Textile Industry Division.
The government released Rs 407.3 million for the Cabinet Division against the total budgeted allocation of Rs 1 billion. Pakistan Atomic Energy Commission received Rs 18.22 billion out of Rs 26.7 billion budgeted allocation for development projects. An amount of Rs 742.07 million was released for the Aviation Division, Rs 700 million for Climate Change, Rs 1.5 billion for Defence Production Division, Rs 1.5 billion for development projects of Maritime Affairs Division and Rs 2.87 billion have been released for Revenue Division.
The government released Rs 17.672 billion (68 per cent), including Rs 2.2 billion foreign aid for development projects of Azad Jammu and Kashmir against the total budgeted allocation of Rs 25.86 billion and Rs 12.6 billion (71.88 per cent), including Rs 932.9 million foreign aid for development project of Gilgit-Baltistan out of Rs 17.53 billion budgeted allocation for current fiscal year 2018-19.
The funds are released as per 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.

Copyright Business Recorder, 2019

Comments

Comments are closed.