BR100 Increased By (0.18%)
BR30 Decreased By (-0.03%)
KSE100 Increased By (0.16%)
KSE30 Increased By (0.26%)
BECO 5.58 Decreased By ▼ -0.07 (-1.24%)
BML 61.22 Decreased By ▼ -2.66 (-4.16%)
BOP 33.68 Increased By ▲ 0.01 (0.03%)
CNERGY 8.08 Decreased By ▼ -0.06 (-0.74%)
DCL 11.64 Increased By ▲ 0.26 (2.28%)
FCCL 52.14 Decreased By ▼ -0.13 (-0.25%)
FCSC 5.63 Increased By ▲ 0.13 (2.36%)
FFL 18.01 Increased By ▲ 0.29 (1.64%)
FNEL 1.35 Increased By ▲ 0.04 (3.05%)
HUMNL 11.04 Decreased By ▼ -0.14 (-1.25%)
KEL 7.84 Decreased By ▼ -0.02 (-0.25%)
KOSM 5.73 Increased By ▲ 0.09 (1.6%)
MLCF 86.51 Increased By ▲ 0.91 (1.06%)
NBP 184.30 Increased By ▲ 0.68 (0.37%)
PACE 11.65 Decreased By ▼ -0.03 (-0.26%)
PAEL 39.96 Decreased By ▼ -0.31 (-0.77%)
PIAHCLA 25.67 Decreased By ▼ -0.13 (-0.5%)
PIBTL 17.27 Increased By ▲ 0.23 (1.35%)
PPL 222.67 Decreased By ▼ -1.39 (-0.62%)
PRL 34.46 Decreased By ▼ -0.16 (-0.46%)
PTC 63.74 Decreased By ▼ -0.25 (-0.39%)
SEARL 90.46 Increased By ▲ 0.37 (0.41%)
SSGC 26.67 Increased By ▲ 0.07 (0.26%)
TELE 8.91 Decreased By ▼ -0.17 (-1.87%)
THCCL 68.47 Increased By ▲ 1.11 (1.65%)
TPLP 11.20 Decreased By ▼ -0.22 (-1.93%)
TREET 24.70 Decreased By ▼ -0.01 (-0.04%)
TRG 70.59 Decreased By ▼ -0.39 (-0.55%)
WAVES 11.11 Increased By ▲ 0.13 (1.18%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
Business & Finance

Govt releases Rs18.8mn for Narcotics control projects

ISLAMABAD: The government has so far released Rs18.
Published December 21, 2016 Updated December 21, 2016 02:02pm

imageISLAMABAD: The government has so far released Rs18.8 million for various projects of Narcotics Control Division against the total allocations of Rs218.425 million under the Public Sector Development Programme (PSDP) 2016-17.

The amount would be spent on five projects of the division, total cost of which has been estimated at Rs4917.2 billion, according to the data of Ministry of Planning, Development and Reform.

According to breakup figures, an amount of Rs6.8 million has been released for Khybe Area Development Project FATA (Jamrud, Khyber Agency) out of its total allocations of Rs37 million earmarked in the federal PSDP with Rs20 million as foreign component.

The government also released Rs4.8 million for Bajaur Area Development Project (Bajaur Agency) for which Rs42 million have been allocated in PSDP including Rs30 million foreign component.

An amount of Rs4.8 has also been released for Mohmand Area Development Project (MG) Located at Mohmand Agency, FATA.

In total allocations of Rs30 million have been earmarked for this project in the PSDP 2016-17, which also include foreign component of Rs30 million.

As many as Rs2.4 million have been released for Kala Dhaka Area Development Project in District Torghar for which an amount of Rs37 million have been allocated in the federal budget.

It is pertinent to mention here that the government has so far released Rs 279.57 billion for different social sector developmental projects so far under its Public Sector Development Programme (PSDP) 2016 17 as against total allocation of Rs 800 billion.

The Planning Commission of Pakistan has been following a proper mechanism to release funds.

The commission releases 20 percent of funds in first quarter (July September), 20 percent in second quarter (October December), 30 percent in 3rd quarter (January March) and 30 percent in fourth quarter (April June).

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed for this article.