Rs562bn released against budgeted Rs701bn

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ISLAMABAD: The federal government has released Rs562 billion (80 percent) including Rs109.29 billion foreign aid (85 percent) for various ongoing and new development projects under the Public Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of Rs701 billion.

According to the latest data of PSDP 2019-2020, released by the Ministry of Planning, Development and Reforms on Monday, the government released Rs237.8 billion (75.83 per cent) including Rs15 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs313.6 billion budgeted allocation.

The government also released a total of Rs185.57 billion (97.6 per cent) including Rs88.89 billion (98 per cent) foreign aid out of Rs190.1 billion for development budget of corporations; Rs167.7 billion including Rs73.8 billion foreign aid for the projects of the National Highways Authority (NHA); and Rs17.86 billion including Rs15.07 billion foreign aid for National Transmission and Despatch Company (NTDC)/Pakistan Electric Power Company (PEPCO).

The ministry released a total of Rs43.46 billion (94 percent) including Rs4.48 billion foreign aid out of Rs44.54 billion budgeted allocation for development projects of special areas; Rs27.1 billion including Rs3.15 billion foreign aid for development projects of the Azad Jammu and Kashmir (AJK); and Rs16.6 billion including Rs1.3 billion foreign aid for Gilgit-Baltistan for financial year 2019-2020.

The government released Rs8.67 billion for development projects of the Railway Division against Rs12.56 billion budgeted allocation, Rs1.84 billion for development projects of Science and Technology Research Division, and Rs8.3 billion for the National Food Security and Research Division.

The ministry released Rs7.995 billion including Rs1.77 billion foreign aid out of Rs9.22 billion for development projects of the National Health Services, Regulations and Coordination Division. A total of Rs34.2 billion out of Rs35.97 billion have been released for the Cabinet Division.

The government released Rs49.73 billion for security enhancement against Rs53 billion budgeted allocation for financial year 2019-2020.

The ministry said that Rs2.988 billion have been released for development projects of the Federal Education and Professional Training Division out of Rs4.1 billion budgeted allocation, and Rs28.27 billion including Rs132.31 million foreign aid have been released out of Rs28.65 billion for the development projects of the Higher Education Commission.

The ministry also released a total of Rs73.2 billion for the Water Resources Division including Rs5.93 billion foreign, and Rs270.47 million for Pakistan Nuclear Regulatory Authority.

The government has released Rs8.3 billion out of Rs11.3 billion for National Food Security and Research Division.

A total of Rs7.54 billion have been released for development projects of the Climate Change Division.

The government has released Rs8.4 billion for development projects of Interior Division, Rs4.737 billion for Revenue Division, Rs2.636 billion for Housing and Works Division, Rs7.6 billion for Finance Division, and Rs1.7 billion for Defence Production Division.

The government has released Rs49.75 billion for security enhancement, Rs48.1 billion for Special Federal Development Programme for Temporarily Displaced Persons (TDPs), and Rs4.737 billion for the Revenue Division.

A total of Rs23 billion have been released out of Rs48 billion for development project of Merged Areas 10 Years Development Plan and Rs9.86 billon against Rs24 billion for Merged Districts of the Khyber-Pakhtunkhwa.