Govt authorizes release of Rs 644.7 bn for development projects in FY20
Last updated on: 07 July,2020 03:45 pm
The government has released an amount of Rs 297 billion for federal ministries
ISLAMABAD(APP) - The federal government has authorized release of Rs 644.7 billion for various ongoing and new social sector uplift projects during under its Public Sector Development Programme (PSDP) 2019-20, as against the total allocation of Rs701 billion.
Out of total releases, foreign funding include Rs 123.6 billion while the rest Rs 521.1 billion were released under local resources.
Under its development programme, the government has released an amount of Rs 297 billion for federal ministries, Rs 196 billion for corporations and Rs 43.8 billion for special areas, according to a data released by Ministry of Planning, Development and Reform.
Out of these allocations, the government released Rs 49.73 billion for security enhancement in the country for which the government had allocated Rs53 billion during the year 2019-20. An amount of Rs 104 billion has also been released for the blocks managed by finance division under the government’s 10 years development programme.
Similarly for Higher Education Commission, the government released an amount of Rs 28.28 billion out of its total allocation of Rs 29 billion while Rs 270.47 million were released for Pakistan Nuclear Regulatory Authority for which the government had allocated Rs 270.47 million in the development budget.
For National Highway Authority, the government released Rs173.53 billion against its allocations of Rs 174 billion. Under annual development agenda, the government also released Rs 10.02 billion for Railways Division out of total allocation of Rs12.56 billion, Rs 8.78 billion for Interior Division, and Rs 7.6 billion for National Health Services, Regulations, and Coordination Division.
Revenue Division received Rs 5.84 billion, whereas the Cabinet Division also received Rs 35.16 billion for which an amount of Rs 35.97 billion has been allocated for the year 2019-20.
The government also released Rs 27.26 billion for Azad Jammu and Kashmir (AJK) block and other projects out of its allocations of Rs 27.26 billion and Rs 16.48 billion for Gilgit Baltistan (Block and other projects).