AIRLINK 60.49 Decreased By ▼ -1.11 (-1.8%)
BOP 6.27 Increased By ▲ 0.01 (0.16%)
CNERGY 4.05 Decreased By ▼ -0.08 (-1.94%)
DFML 15.89 Decreased By ▼ -0.31 (-1.91%)
DGKC 68.72 Increased By ▲ 1.07 (1.58%)
FCCL 17.73 Decreased By ▼ -0.18 (-1.01%)
FFBL 25.51 Decreased By ▼ -0.09 (-0.35%)
FFL 9.02 Decreased By ▼ -0.24 (-2.59%)
GGL 9.84 Decreased By ▼ -0.21 (-2.09%)
HBL 115.18 Increased By ▲ 0.38 (0.33%)
HUBC 111.80 Decreased By ▼ -0.70 (-0.62%)
HUMNL 6.63 Decreased By ▼ -0.02 (-0.3%)
KEL 4.52 Increased By ▲ 0.06 (1.35%)
KOSM 4.56 Increased By ▲ 0.01 (0.22%)
MLCF 38.01 No Change ▼ 0.00 (0%)
OGDC 121.07 Decreased By ▼ -4.54 (-3.61%)
PAEL 21.79 Decreased By ▼ -0.73 (-3.24%)
PIAA 10.93 Decreased By ▼ -0.15 (-1.35%)
PIBTL 6.05 Decreased By ▼ -0.42 (-6.49%)
PPL 106.68 Decreased By ▼ -1.72 (-1.59%)
PRL 27.42 Decreased By ▼ -0.63 (-2.25%)
PTC 10.53 Decreased By ▼ -0.27 (-2.5%)
SEARL 52.05 Decreased By ▼ -0.75 (-1.42%)
SNGP 66.93 Increased By ▲ 0.13 (0.19%)
SSGC 11.64 Increased By ▲ 0.23 (2.02%)
TELE 7.07 Decreased By ▼ -0.13 (-1.81%)
TPLP 11.50 Decreased By ▼ -0.44 (-3.69%)
TRG 81.85 Increased By ▲ 4.05 (5.21%)
UNITY 21.16 Decreased By ▼ -0.53 (-2.44%)
WTL 1.27 Decreased By ▼ -0.05 (-3.79%)
BR100 6,484 Decreased By -14.8 (-0.23%)
BR30 22,098 Decreased By -168.1 (-0.76%)
KSE100 63,219 Decreased By -86.8 (-0.14%)
KSE30 21,306 Increased By 9.6 (0.05%)

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.