Govt releases Rs466.68bn against budgeted Rs701bn
ISLAMABAD: The federal government has released Rs466.68 billion (66.57 percent) including Rs92.74 billion foreign aid (72.3 percent) for various ongoing and new development projects under the Public Sector Development Programme (PSDP) 2019-2020 against the total budgeted allocation of Rs701 billion.
According to the latest data of the PSDP 2019-2020 released by the Ministry of Planning, Development and Reforms on Friday, the government released Rs195 billion (65 percent) including Rs12.48 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs299.57 billion budgeted allocation.
The government also released a total of Rs157.72 billion (78.23 percent) including Rs76.75 billion (84.72 percent) foreign aid out of Rs201.6 billion for development budget of corporations; Rs145.1 billion including Rs68.26 billion foreign aid for the projects of the National Highways Authority (NHA); and Rs12.62 billion including Rs8.5 billion foreign aid for the National Transmission and Dispatch Company (NTDC)/Pakistan Electric Power Company (PEPCO).
The ministry released a total of Rs34.22 billion (76.3 percent) including Rs2.77 billion foreign aid out of Rs44.85 billion budgeted allocation for development projects of special areas; Rs21.17 billion including Rs1.94 billion foreign aid for development projects of the Azad Jammu and Kashmir (AJK); and Rs13 billion including Rs833.934 million foreign aid for Gilgit-Baltistan for financial year 2019-2020.
The government released Rs38.46 billion for security enhancement against Rs32.5 billion budgeted allocation, which is Rs5.96 billion more than allocation.
The government released Rs30.18 billion for the development projects of the Cabinet Division against Rs45.986 billion total budgeted allocation, Rs1.65 billion for development projects of the Aviation Division against the total of Rs1.27 billion budgeted allocation, which is more than Rs0.38 billion of allocation, Rs6 billion for development projects of the Climate Change Division, Rs50 million for Commerce Division, Rs1.36 billion for Defense Production Division, and Rs7 billion for the Finance Division.
The Ministry of Planning, Development and Reforms released Rs10.72 billion for development projects of the Railways Division against Rs16 billion budgeted allocation, Rs2.12 billion for development projects of Science and Technology Research Division, Rs4.24 billion for Revenue Division, Rs732 million for Industries and Production Division, Rs232.4 million for Information and Broadcasting Division, and Rs3.47 billion for Information Technology and Telecom Division.
The ministry said that Rs3 billion have been released for development projects of the Federal Education and Professional Training Division out of Rs4.796 billion budgeted allocation, and Rs22.74 billion including Rs112.19 million foreign aid have been released out of Rs29 billion for the development projects of the Higher Education Commission.
A total of Rs3.47 billion has been released for development projects of Information Technology and Telecom Division out of Rs4.84 billion.
The government released Rs6.29 billion out of Rs10.35 billion for development projects of Interior Division and Rs7.54 billion for the National Health Services, Regulations and Coordination Division.
A total of Rs19.9 million has been released for Foreign Affairs Division against Rs29.77 million budgeted allocation.
The ministry released a total of Rs52.73 billion for Water Resources Division including Rs5.73 billion foreign aid, Rs931.66 million for Planning, Development and Reform Division, Rs58.5 million for Narcotics Control Division, Rs229.47 million for Pakistan Nuclear Regulatory Authority, and Rs81.13 million for Textile Industry Division.
A total of Rs251.59 million has been released for development projects of Defense Division, and Rs8.167 billion for National Food Security and Research Division.
The government released Rs2.05 billion for the development projects of the Earthquake Reconstruction and Rehabilitation Authority (ERRA).
A total of Rs23 billion funds have been released out of Rs48 billion budgeted allocation under the Merged Areas (Fata) 10 Years Development Plan.
The government released Rs9.683 billion out of Rs24 billion budgeted allocation for development projects of Merged Districts of Khyber-Pakhtunkhwa.
The government has released Rs5 billion for Special Federal Development Programme for Temporarily Displaced Persons (TDPs) out of Rs32.5 billion budgeted allocation.
A total of Rs1.52 billion out of Rs10 billion have been released for Prime Minister’s Youth and Hunarmand Programme.
The funds are released as per quarterly ceilings; first quarter (July-September) 20 percent, second quarter (October-December) 30 percent, third quarter (January-March) 30 percent, and fourth quarter (April-June) 20 percent.