Govt releases Rs 629.141bn for development projects

Author: Agencies

The federal government has so far released Rs 629.141 billion for various ongoing and new social sector uplift projects under its Public Sector Development Program (PSDP) 2018-19 as against the total allocation of Rs 675 billion. Under its development program, so far the government had released an amount of Rs 250.220 billion for federal ministries, where as Rs 241.511 billion for corporations and Rs 42.389 billion for special areas, according to latest data released by Ministry of Planning, Development and Reform. Out of these allocations, the government released Rs 227.613 billion for National Highway Authority (NHA) out of its total allocation of Rs 185.197 billion. Under annual development agenda, the government had also released Rs 138.98 billion have been released for NTDC and PEPCO for which an amount of Rs 33.365 billion was allocated under PSDP 2018-19. Similarly, Rs 10.143 billion have been released for Communication Division (other than NHA) as the government had earmarked Rs 13.977 billion in its PSDP 2018-19. Railways Division received Rs 23.258 billion out of its total allocation of Rs 28.06 billion whereas Aviation Division received Rs 1572.626 million out of total allocation of Rs 3.65 billion.

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