Budget 2024-25: Rs65.6bln ‘proposed’ for SUPARCO

Author: inp

The government of Pakistan has proposed allocating Rs 65.61 billion for Space and Upper Atmosphere Research Commission (SUPARCO) in the budget 2024-25, sources said on Sunday. A new project will also include in the upcoming budget whereas Rs 4.18 billion has been proposed for the establishment of the Pakistan Space Center. The government has also proposed allocating Rs 59.18 billion for the Pakistan Satellite System (PakSat-1) and Rs 248 million for the feasibility and system definition study of PakSat-2. Additionally, Rs 1.35 billion has been allocated for the Pakistan Optical Remote Sensing Satellite (PRSS-1), sources added. Earlier, Pakistan’s multi-mission communication satellite PAKSAT-MM1 was launched from the Xichang Satellite Launch Center in China. The PAKSAT-MM1 will be placed 36,000 kilometers above the earth’s surface and will take three to four days to reach its orbit. Prior to this, Pakistan’s historic lunar mission (ICUBE-Q) was launched on May 3 on board China’s Chang’E6 from Hainan, China.

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