ISLAMABAD: The government has released over Rs118.627 billion so far under Public Sector Development Programme (PSDP) for various projects against total allocations of Rs525 billion for the fiscal year 2014-15.
According to the latest data of Ministry of Planning, Development and Reforms, Rs23,736 million have been released for various projects of Pakistan Atomic Energy Commission against total allocations of Rs51,475 million for FY 2014-15.
An amount of Rs7,693 million have been released for Higher Education Commission (HEC) out of its total allocations of Rs20,068 million and Rs13,960 million for Water and Power Division (Water Sector) out of its total allocations of Rs43,427 million.
The government released Rs15,216 million for Railways Division for which Rs39,566 million have been earmarked in the PSDP of FY 2014-15.
An amount of Rs1,259 has been released for Cabinet Division out of its total allocations of Rs2,077 million and Rs28 million for Communications Division out of Rs191 million.
Similarly, Rs157 million has been released for Commerce Division out of its total allocations of Rs363 million and Rs1,550 million to Finance Division out of total allocations of Rs11,061 million.
According to the data, the government also released Rs1,443 million for Interior Division against Rs3,900 million earmarked in the budget and Rs414 million for National Food Security and Research Division.
Similarly, Rs9,883 million has been released for National Health Services, Regulations and Coordination Division out of its total allocations of Rs27,014 million.
A sum of Rs361 million has been released for Planning, Development and Reform Division out of Rs32,878 million, the data revealed.
An amount of Rs28 million has been released for Communications Division (other than NHA) out of its total allocations of Rs191 million and Rs27 million for Narcotics Control Division out of its total funds of Rs324 million.
The government also released Rs147 million for Science and Technological Research Division, Rs40 million for Textile Industry Division and Rs140 million for SUPARCO.
Similarly, the government released Rs4,212 million for AJK (Block and other projects) out of its allocations of Rs12,127 million, Rs4,227 million for Gilgit-Baltistan (Block and other projects) out of its total allocations of Rs9,230 million, and Rs7035 million for SAFRON/FATA out of its Rs19100 million.
Rs1,354 million has been released for Earthquake Reconstruction and Rehabilitation Authority (ERRA) out of its total allocations of Rs5,000 million.
The Planning Commission of Pakistan, which is following a proper mechanism for the release of funds, releases 20 percent of funds in first quarter (July-September), 20 percent in second quarter (October-December), 30 percent third quarter (January-March) and 30 percent in fourth quarter (April-June).
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