BR100 Decreased By (-1.39%)
BR30 Decreased By (-1.72%)
KSE100 Decreased By (-1.3%)
KSE30 Decreased By (-1.25%)
AGHA 7.92 Decreased By ▼ -0.17 (-2.1%)
BECO 5.20 Decreased By ▼ -0.07 (-1.33%)
BML 59.25 Decreased By ▼ -0.13 (-0.22%)
BOP 33.68 Decreased By ▼ -0.51 (-1.49%)
CNERGY 9.81 Increased By ▲ 0.19 (1.98%)
CSIL 5.42 Decreased By ▼ -0.08 (-1.45%)
FCCL 53.52 Decreased By ▼ -0.63 (-1.16%)
FFL 16.68 Decreased By ▼ -0.16 (-0.95%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.35 Decreased By ▼ -0.24 (-3.16%)
KOSM 5.61 Decreased By ▼ -0.07 (-1.23%)
LOTCHEM 29.11 Decreased By ▼ -1.32 (-4.34%)
MLCF 95.50 Decreased By ▼ -2.66 (-2.71%)
NBP 204.35 Decreased By ▼ -4.44 (-2.13%)
NCPL 58.24 Decreased By ▼ -1.37 (-2.3%)
NPL 67.79 Decreased By ▼ -2.08 (-2.98%)
OGDC 317.94 Decreased By ▼ -5.42 (-1.68%)
PACE 10.71 Decreased By ▼ -0.36 (-3.25%)
PAEL 41.83 Decreased By ▼ -0.42 (-0.99%)
PIBTL 16.50 Decreased By ▼ -0.32 (-1.9%)
PPL 219.74 Decreased By ▼ -4.99 (-2.22%)
PRL 44.59 Increased By ▲ 2.94 (7.06%)
PTC 70.77 Decreased By ▼ -0.35 (-0.49%)
SSGC 28.93 Decreased By ▼ -0.38 (-1.3%)
TBL 9.84 Decreased By ▼ -0.12 (-1.2%)
TELE 8.76 Decreased By ▼ -0.23 (-2.56%)
TPL 16.45 Decreased By ▼ -0.07 (-0.42%)
TPLP 12.10 Decreased By ▼ -0.67 (-5.25%)
TREET 22.80 Decreased By ▼ -0.26 (-1.13%)
TRG 60.03 Decreased By ▼ -0.42 (-0.69%)

ISLAMABAD: The government is to approve a Technical Supplementary Grant (TSG) of Rs 430 million through Ministry of Defence (MoD) for development of schemes in Punjab under Sustainable Development Goals Achievement Programme (SAP).

Sources told Business Recorder that the President of Pakistan has accorded sanction to surrender funds amounting to Rs 430 million to Finance Division for grant of Technical Supplementary Grant (TSG) of an equivalent amount to the Ministry of Defence for execution of SAP schemes in Punjab.

The release of funds has been approved by the SAP Steering Committee in its meeting held on November 20, 2024 in terms of SAP guidelines of June 13, 2022. The Ministry of Planning, Development and Special initiatives has authorised release of these funds during the financial year 2024-25 in terms of PIP Section’s Office Memorandum.

Govt reaffirms commitment to SDGs

The Ministry of Defence and the respective executing agencies are responsible for completing/fulfilling all codal, legal formalities, utilization, reconciliation and audit of allocated/ released funds to ensure transparency, accountability and preclude the chances of financial indiscipline.

The surrender order is issued with the approval of the Cabinet Secretary/ Principal Accounting Officer (PAO) and Deputy Prime Minister/ Minister for Foreign Affairs/ Chairman Steering Committee on SAP.

On February 26, 2025, Finance Ministry had advised Ministry of Defence to move a summary to the ECC for grant of TSG amounting to Rs 430 million for execution of SAP schemes against equal surrender by the Cabinet Division.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.