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Home »Business and Economy » Pakistan » Rs 258.5 billion released under PSDP till April 11

  • News Desk
  • Apr 15th, 2014
  • Comments Off on Rs 258.5 billion released under PSDP till April 11
The federal government released Rs 258.5 billion till April 11, under Public Sector Development Programme (PSDP) for various development projects against total budgeted allocation of Rs 425 billion for fiscal year 2013-14. According to the latest data provided by Ministry of Planning and Development, Rs 44.5 billion has been disbursed for various projects of Pakistan Energy Commission out of total annual allocation of Rs 52.3 billion earmarked under PSDP for FY2013-14.

The government has also released Rs 34.1 billion to National Highway Authority out of total allocation of Rs 63.04 billion for the current fiscal year. A sum of Rs 18.88 billion has been released to Pakistan Railways against an allocation of Rs 30.97 billion for fiscal 2013-14. The Commission also released Rs 27.7 billion for Water and Power Division (Water Sector) against the total annual allocation of Rs 57.84 billion, while Rs 39.864 billion has been disbursed to Wapda (power sector) against the budgeted allocation of Rs 51.53 billion.

The government released Rs 12.1 billion for Higher Education Commission, out of its total allocation of Rs 18.49 billion for the year 2013-14, whereas Rs 17.92 billion has been released for National Health Services Regulation and Co-ordination Division out of a total annual budgeted allocation of Rs 25.74 billion.

According to the data, the Commission released Rs 1.16 billion for Law, Justice and Parliamentary Affairs Division against the total allocation of Rs 2.364 billion. The Commission has also released Rs 8.71 billion for Earthquake Reconstruction and Rehabilitation Authority (Erra), out of its total budgeted allocation of Rs 10 billion, for the current year 2013-14.

A total of Rs 1.5 billion has been released for Cabinet Division against a total annual allocation of Rs 2.18 billion, while Rs 1.03 billion has been released for Capital Administration and Development Division with Rs 1.51 billion budgeted for the year. The Commission also released Rs 4.36 billion for Interior Division against the total allocation of Rs 6.26 billion.

In addition, Rs 342.343 million has been released for Education and Training Division, Rs 40.839 million for Climate Change Division, Rs 594.5 million for Commerce Division, Rs 4.92 billion for Finance Division, Rs 436.572 million for Industries Division, Rs 314.98 million for Textile Industry Division and Rs 102.988 million for Narcotics Control Division.

The Commission released Rs 35 million for Petroleum and Natural Resources Division, Rs 226.2 million for Planning and Development Division, Rs 1307.2 million for Science and Technology Research Division and Rs 194.66 million for Suparco. The government released Rs 12.1 billion out of Rs 19.99 billion for AJK, Rs 8.8 billion out of Rs 9.6 billion for Gilgit-Baltistan, whereas Rs 12.5 billion has been released for Safron/Fata, against the allocation of Rs 18.5 billion.

Copyright Business Recorder, 2014


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