BR100 Decreased By (-1.09%)
BR30 Decreased By (-1.09%)
KSE100 Decreased By (-0.82%)
KSE30 Decreased By (-0.91%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.10 Decreased By ▼ -0.40 (-0.7%)
BOP 33.85 Decreased By ▼ -0.18 (-0.53%)
CNERGY 9.92 Decreased By ▼ -0.04 (-0.4%)
CSIL 5.27 Decreased By ▼ -0.04 (-0.75%)
FCCL 53.10 Decreased By ▼ -1.60 (-2.93%)
FFL 16.52 Decreased By ▼ -0.17 (-1.02%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.24 Decreased By ▼ -0.16 (-2.16%)
KOSM 5.81 Increased By ▲ 0.04 (0.69%)
LOTCHEM 29.14 Decreased By ▼ -0.18 (-0.61%)
MLCF 92.50 Decreased By ▼ -1.86 (-1.97%)
NBP 201.50 Decreased By ▼ -1.55 (-0.76%)
NCPL 56.89 Decreased By ▼ -0.11 (-0.19%)
NPL 66.88 Decreased By ▼ -0.82 (-1.21%)
OGDC 314.30 Decreased By ▼ -1.54 (-0.49%)
PACE 10.53 Decreased By ▼ -0.11 (-1.03%)
PAEL 42.10 Decreased By ▼ -1.10 (-2.55%)
PIBTL 16.45 Decreased By ▼ -0.29 (-1.73%)
PPL 216.25 Decreased By ▼ -3.53 (-1.61%)
PRL 50.50 Increased By ▲ 1.31 (2.66%)
PTC 69.80 Decreased By ▼ -0.73 (-1.04%)
SSGC 27.00 Decreased By ▼ -1.25 (-4.42%)
TBL 9.73 Decreased By ▼ -0.13 (-1.32%)
TELE 8.65 Decreased By ▼ -0.14 (-1.59%)
TPL 18.34 Increased By ▲ 0.10 (0.55%)
TPLP 13.55 Increased By ▲ 0.28 (2.11%)
TREET 22.65 Decreased By ▼ -0.07 (-0.31%)
TRG 59.30 Decreased By ▼ -0.84 (-1.4%)

LAHORE: The Punjab government has utilized Rs 188 billion out of Rs 560 billion allocated for Annual Development Programme (ADP) for the fiscal year 2020-21

This was disclosed by Secretary Planning and Development Mujahid Sherdil in a meeting to review the portfolio of Punjab’s development schemes and status of ADP regarding allocated budget, releases, and utilization.

Secretary P&D, Mujhahid Sherdil, told the participants that against 4,676 un-approved schemes at the beginning of the fiscal year 4,276 schemes have been approved.

Chairman Planning and Development (P&D) Board Abdullah Khan Sumbal emphasized all the departments to continue efforts in their respective sectors to make sure the proper utilization of public funds. By implementing an effective monitoring system for timely utilization of funds is mandatory for all Departments for achieving targets of ADP 2021-22 in time.

He stated this while chairing a review meeting on Punjab Government’s Annual Development Plan (ADP) 2021-22.

It was briefed that as per instructions in last reviews by Chief Secretary (CS) Punjab and Finance Minister, all administrative departments & finance department need to ensure immediate placement of released funds at the spending level after removing all barriers.

Chairman P&D Board Abdullah Khan Sumbal directed that slow placement of funds at the spending level and utilization of funds must be expedited. He further said that P&D Board would continue to hold three Punjab Development Working Party (PDWP) meetings, weekly, to speed up the process of schemes’ approval. To ensure fast track implementation of ADP 2021-22, the guidelines and timeliness notified by the CM Punjab should be followed in letter and spirit.

A strategic quality control procedure needs to be put in place by the administrative departments to ensure quality work Chairman P&D Board added.

The factors causing delaying and narrowing the process of ADP implementation must be highlighted and sorted out on urgent basis.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.