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 […]
PSDP
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 […]
PSDP based on practical, realistic development targets: Khusro Bakhtyar
Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar has said that next public sector development programme will contain practical and realistic development targets which could be achieved in given timeframe. He recalled that the PTI-led Government had rationalized the current year’s PSDP when it came into power after realizing that the previous Government […]
An institutional approach to reviving the economy
Early in the 20th century, the agricultural economy was booming in the Indian sub-continent. The British created the Indian Civil Service to collect the land revenue. For this purpose, magisterial powers were vested in the civil service. Today, the agricultural economy and land revenue have receded into insignificance and supply of goods and services are […]
Govt releases Rs30 billion For Hakla-DI Khan expressway
ISLAMABAD: The government has on Tuesday released Rs30.435 billion for construction of Hakla on Motorway M-1 to Yarik (Dera Ismail Khan) expressway under Public Sector Development Programme (PSDP) 2017-18. In PSDP 2017-18, the government allocated a total amount of Rs38 billion for the project while total cost of the project is over Rs110 billion, a […]