Highest PSDP spending in FY20-21 since 2011-12: Asad Umar
Total PSDP spending in 2020-21 was Rs659 billion: Asad Umar
ISLAMABAD (APP) - Minister for Planning, Development and Special Initiatives Asad Umar Tuesday said the total spending under Public Sector Development Program (PSDP) in the year 2020-21 exceeded the target set for the corresponding year by Rs9 billion to Rs659 billion.
“Total PSDP spending in 2020-21 was Rs659 billion vs a target of target of 650 billion or 101.4%,” he tweeted.
The minister said this was the highest development funds utilization since 2011-12.
“In a year of COVID restrictions, this exceptionally high development spending reflects resolve of Prime Minister Imran Khan to accelerate growth,” he added.