Rs 357.51 billion released under PSDP

The government has released Rs 357.51 billion (35.72 percent), including Rs 67.6 billion foreign aid, for different development projects under Public Sector Development Program (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. According to Planning Commission''s stipulated mechanism, it should release almost 50 percent funds at the end of January 2018 for development projects but it has only released 35.7 percent funds so far.
According to latest data released by the Ministry of Planning, Development and Reform, the government has released Rs 104.04 billion (31.6 percent of total budgeted amount of the federal ministries) including Rs 2.34 billion foreign aid for development projects of various federal ministries against the total budgeted allocation of Rs 328.98 billion.
However, the government has not so far released funds for the development projects of various ministries, divisions and their departments including Foreign Affairs Division, Religious Affairs & Interfaith Harmony Division, Textile Industry Division, National Security Division, Special Federal Development Program, Energy for All, Clean Drinking Water for All, Special Provision for Completion of CPEC Project and Gas Infrastructure Development Cess.
The government has released Rs 15.25 billion for development projects of Pakistan Railways Division against total budgeted allocation of Rs 42.9 billion for current fiscal year 2017-18.
The government has released Rs 116.4 billion including Rs 45.6 billion foreign aid for infrastructure projects of the National Highway Authority (NHA) against total budgeted allocation of Rs 325.7 billion. The Planning Commission has released Rs 20 billion including Rs 18.9 billion foreign aid for development projects of the Ministry of Water and Power (Power Sector) against the budgeted allocation of Rs 63.3 billion. An amount of Rs 11.85 billion including Rs 102.75 millions foreign aid was released for Water and Power Division (Water Sector) against the budgeted allocation of Rs 36.75 billion for current fiscal year.
A total of Rs 8.1 billion including, Rs 233 million foreign aid, were released for different development projects of National Health Services, Regulation and Coordination Division against the total budgeted allocation of Rs 48.7 billion under the PADP-2017-18. The government has released Rs 400.26 million for different developmental projects of the National Food Security and Research Division against the earmarked Rs 1615.96 million for the development of agriculture sector in the country.
An amount of Rs 11.628 billion has been released for different projects of Higher Education Commission (HEC) against the total budgeted allocation of Rs 35.7 billion.
The government has released Rs 14.72 billion including Rs 495.3 million foreign aid for the development projects of Azad Jammu and Kashmir against the total budgeted allocation of Rs 25.84 billion for current fiscal year. The government also released Rs 7.7 billion including Rs 173.9 million foreign aid for development projects of Gilgit-Baltistan against Rs 18.3 billion budgeted allocation, while Rs 10.6 billion including Rs 53.3 million foreign aid have been released for the projects of Federally Administered Tribal Areas (FATA) against the total budgeted allocation of Rs 26.9 billion.
The government has released Rs 2.45 billion to Capital Administration and Development Division, Rs 340 million to Climate Change Division, Rs 240 million to Commerce Division, Rs 5.3 billion for Communication Division (Other than NHA), Rs 5.21 billion to Interior Division, Rs 114.6 million to Pakistan Nuclear Regulatory Authority and Rs 1.8 billion to Planning, Development and Reform.
The Planning Commission has released Rs 42.075 billion for Special Federal Development Program for temporarily displaced persons (TDPs) against Rs 90 billion budgeted allocation and Rs 9.2 billion for development projects of Prime Minister''s Youth and Hunarmand Program under current fiscal year 2017-18.
The government released Rs 10.03 billion including Rs 31.17 million foreign aid to Finance Division, Rs 964.86 million to Aviation Division, Rs 895.18 million to Port and Shipping Division, Rs 396.78 million to Science and Technological Research Division, Rs 218.6 million for Defense Division, Rs 6.3 billion for Housing and Works Division, Rs 49.5 million for Information and Broadcasting Division and Rs 1.79 billion for Defense and Production Division.
The entire amount of Rs 30 billion has been released for Prime Minister''s Global SDGs Achievement Program.
The Planning Commission of Pakistan has so far followed the stipulated mechanism for release of funds: first quarter (July-Sep) 20 percent, second quarter (Oct-Dec) 20 percent, third quarter (Jan-March) 30 percent and fourth quarter (April-June) 30 percent.