The Planning and Development Division has re-adjusted allocation for important projects without changing the overall size of Public Sector Development Programme (PSDP) 2006-07.
Sources told Business Recorder here on Thursday that the Planning Division had reviewed in detail first quarter spending of PSDP in consultation with all the concerned federal ministers and divisions.
The sources maintained that the National Economic Council (NEC), which met on May 30, 2006, had approved Rs 270 billion PSDP for 2006-07 and authorised the Planning Commission to re-adjust the allocation for projects of public importance not disturbing the overall size of the PSDP.
It is also learnt that any expenditure incurred on these projects during the fiscal would be adjusted against the revised allocation. During the utilisation of PSDP the sources said, it had been observed that the adjustments made after the May 30 NEC meeting were not reflected in the Pink Book of the Finance Division.
According to the documents available with the Business Recorder, the revised PSDP is as under:
Besides, around Rs450 million were allocated to different projects in Works Department, Rs30 million for Port and Shipping Division, Rs4 million for Youth Affairs Division; Rs19 million for Narcotics Control Division, Rs 20 million were revised to Rs50 million for Pilot Project for Model Village Development in Pakistan and Rs 4431.192 million were revised to Rs4209.610 million for the Ministry of Science and Technology.