AIRLINK 76.48 Decreased By ▼ -3.52 (-4.4%)
BOP 5.19 Increased By ▲ 0.01 (0.19%)
CNERGY 4.49 Increased By ▲ 0.03 (0.67%)
DFML 35.35 Increased By ▲ 0.19 (0.54%)
DGKC 77.25 Increased By ▲ 0.37 (0.48%)
FCCL 20.18 Increased By ▲ 0.20 (1%)
FFBL 36.39 Increased By ▲ 0.79 (2.22%)
FFL 9.53 No Change ▼ 0.00 (0%)
GGL 10.03 Decreased By ▼ -0.13 (-1.28%)
HBL 117.48 Increased By ▲ 0.48 (0.41%)
HUBC 132.40 Decreased By ▼ -0.10 (-0.08%)
HUMNL 7.00 Decreased By ▼ -0.06 (-0.85%)
KEL 4.59 Decreased By ▼ -0.06 (-1.29%)
KOSM 4.56 Decreased By ▼ -0.09 (-1.94%)
MLCF 36.94 Decreased By ▼ -0.56 (-1.49%)
OGDC 133.50 Decreased By ▼ -0.97 (-0.72%)
PAEL 23.10 Increased By ▲ 0.20 (0.87%)
PIAA 26.50 Decreased By ▼ -0.13 (-0.49%)
PIBTL 6.70 Decreased By ▼ -0.11 (-1.62%)
PPL 111.60 Decreased By ▼ -0.50 (-0.45%)
PRL 27.74 Increased By ▲ 0.54 (1.99%)
PTC 14.44 Increased By ▲ 0.06 (0.42%)
SEARL 55.99 Decreased By ▼ -0.40 (-0.71%)
SNGP 67.51 Increased By ▲ 0.51 (0.76%)
SSGC 10.73 Decreased By ▼ -0.10 (-0.92%)
TELE 9.21 Decreased By ▼ -0.08 (-0.86%)
TPLP 11.00 Decreased By ▼ -0.18 (-1.61%)
TRG 67.20 Decreased By ▼ -1.80 (-2.61%)
UNITY 25.33 Decreased By ▼ -0.16 (-0.63%)
WTL 1.32 No Change ▼ 0.00 (0%)
BR100 7,525 Increased By 2.9 (0.04%)
BR30 24,357 Decreased By -45.5 (-0.19%)
KSE100 71,739 Increased By 44.4 (0.06%)
KSE30 23,576 Increased By 34.3 (0.15%)

Pakistan Tehreek-e-Insaf (PTI) government has released Rs 582 billion (86.2 percent) including Rs 186.2 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation of Rs 675 billion.
According to latest data of PSDP 2018-19 released by the Ministry of Planning, Development and Reform, the government released Rs 232.1 billion (79.6 percent) including Rs 28.84 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs 291.55 billion budgeted allocation.
The Ministry of Planning, Development and Reform released a total of Rs 217.5 billion including Rs 141.87 billion foreign aid out of Rs 185.2 billion budgeted allocation, which was released - Rs 32.3 billion more than budgeted allocation, for various development projects of the National Highway Authority (NHA) so far and Rs 23.23 billion out of Rs 28.065 billion budgeted allocation for development projects of the Pakistan Railways.
The Pakistan Atomic Energy Commission received Rs 26.27 billion (98.4 percent) out of Rs 26.7 billion budgeted allocation for development projects. The government released Rs 59 billion (72 percent) including Rs 10.1 billion foreign aid out of Rs 78 billion for development projects and schemes of Water Resources Division.
The PTI government released a total of Rs 29 billion (93.67 percent) including Rs 88.6 million foreign aid out of Rs 30.96 billion budgeted allocation for Higher Education Commission, Rs 10.86 billion for the Interior Division, Rs 10.13 billion for Communication Division (other than NHA) and Rs 2.6 billion for Federal Education and Professional Training Division.
The government released Rs 3.18 billion out of Rs 13.1 billion budgeted allocation for the development projects of the National Health Services, Regulation and Coordination Division, Rs 4.11 billion for Planning, Development and Reform and Rs 15.26 million for Textile Division. The government released Rs 2.1 billion for Defence Production Division and Rs 15.74 billion including Rs 14.2 billion foreign aid for development projects of Pakistan Space and Upper Atmosphere Research Commission (Suparco).
The government released Rs 407.3 million for the Cabinet Division against the total budgeted allocation of Rs 1 billion. An amount of Rs 1.33 billion was released for the Aviation Division, Rs 775 million for Climate Change, Rs 217 million for Defence Division, Rs 1.3 billion for development projects of Maritime Affairs Division, Rs 2.69 billion for development projects of Housing and Works Division and Rs 3.42 billion have been released for Revenue Division.
The government released Rs 1.22 billion including Rs 344.51 million foreign aid for Information Technology and Telecom Division out of Rs 1.45 billion budgeted allocation, Rs 25.57 billion including Rs 718.67 million foreign aid for States and Frontier Region Division and Rs 11.62 billion including Rs 11.54 billion foreign aid out of Rs 33.37 billion for development projects of Pakistan Electric Power Company (Pepco).
The government released Rs 4.59 billion for development projects of Finance Division, Rs 3.24 billion for the projects of Revenue Division and 11.89 billion for Security Enhancement.
The government released Rs 3.51 billion for development projects of Earthquake Reconstruction and Rehabilitation Authority (Erra) out of Rs 6.5 billion budgeted allocation.
The government released Rs 25.33 billion (96.2 percent) including Rs 3 billion foreign aid for development projects of Azad Jammu and Kashmir against the total budgeted allocation of Rs 25.86 billion and Rs 16.3 billion (78 percent) including Rs 932.9 million foreign aid for development project of Gilgit-Baltistan out of Rs 17.53 billion budgeted allocation for the current fiscal year 2018-19.
The funds are released as per quarterly ceilings: first quarter (July-September) 20 percent, second quarter (October-December) 20 percent, third quarter (January-March) 30 percent and fourth quarter (April-June) 30 percent.

Copyright Business Recorder, 2019

Comments

Comments are closed.