Minister for Planning, Development and Special Initiatives, Asad Umar said on Tuesday that Chinese investors have expressed their willingness to invest in South Balochistan package. Briefing media persons, the minister said that the Chinese investors would invest over $1 billion in this project. He said that the South Balochistan project was 35 times bigger than […]
PSDP
Fawad says G-20 suspends repayment of Pakistan’s $3.7bn loan till year end
ISLAMABAD: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain on Tuesday said that the G-20 countries had suspended the repayment of $ 3.7 billion loan till the year end, bringing a good news for Pakistan’s economy. “The suspension of loan, which was liable to be paid instantly, is the good news for the national […]
Govt earmarks Rs3.558 billion for 17 Aviation sector projects
ISLAMABAD: The government on Friday earmarked funds amounting to Rs Rs3,558.200 million to advance 17 ongoing Aviation sector schemes in the Public Sector Development Programme (PSDP 2021-22). As per the PSDP document, an amount of Rs11.077 million has been allocated for the construction of double story Ladies Hostel/Barrack with the provision of the third story […]
Rs 182,424m allocated for hydel, ongoing water, new schemes in PSDP
ISLAMABAD: The government has earmarked a total of Rs 182,424.692 million for the ongoing hydel, water sector projects and new schemes under Annual Public Sector Development Programme for year 2021-22. Out of total, Rs 91,912 million has been allocated for hydel, Rs 64,294 million for the ongoing water sector schemes and Rs 90,312.692 million for […]
Rs10.297 bn earmarked for projects under SIDCL
The federal government has proposed to allocate Rs10.297 billion for various Sindh Infrastructure Development Company Limited (SIDCL) schemes under the Public Sector Development Programme (PSDP) 2021-22. According to budgetary documents issued on Friday, an amount of Rs1 billion has been earmarked for construction of interchange over Malir Link Road to M-9, whereas another Rs 22.019 […]
Rs6.03 bn allocated for 17 law, justice division projects in PSDP 2021-22
The government on Friday allocated an amount of Rs 6.027 billion in the Public Sector Development Programme (PSDP 2021-22) to execute ten ongoing and seven new Law and Justice Division schemes. According to the PSDP document, funds amounting to Rs3.75 billion have been earmarked for ten ongoing schemes, out of which Rs 4.5 million have […]
Rs 3,249.540 million allocated for 13 petroleum projects in PSDP 2021-22
ISLAMABAD: The government on Friday allocated an amount of Rs 3,249.540 million in the Public Sector Development Programme (PSDP 2021-22) to execute seven ongoing and six new petroleum sector projects aimed at accelerating oil and gas exploration activities and achieving self-sufficiency in the energy sector. According to the PSDP document, funds amounting to Rs 1,473.683 […]
Sherry Rehman expresses resentment over NEC’s allocation for Sindh
ISLAMABAD: Senator Sherry Rehman on Wednesday expressed reservations on decisions of National Economic Council (NEC) and demanded more funds for health and education in upcoming budget. In various tweets, she announced of the decisions and critiqued the government for neglecting the province of Sindh that contributes 30 percent to the GDP of Pakistan and produces […]
62km two-lane Lodhran-Multan road to connect three districts
ISLAMABAD: Prime Minister Imran Khan Friday unveiled the plaque to launch work on two-lane Lodhran-Multan road, a 62-kilometer north-bound section of N-5 that will connect three districts, including Bahawalpur. The project will complete in two years costing around Rs 6.8 billion. Minister for Foreign Affairs Shah Mahmood Qureshi, Minister for Communications Murad Saeed, Special Assistant […]
PM Imran stresses public-private partnership for country’s progress
ISLAMABAD: Prime Minister Imran Khan said that government is fully determined to involve private sector in the development process as it is very crucial keeping in view of the public need. He was addressing a briefing in Islamabad the other day regarding various development projects under Public Sector Development Programme and projects completed with the […]