Over Rs 248.113 billion released under PSDP 2016-17

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Over Rs 248.113 billion released under PSDP 2016-17

ISLAMABAD, Nov 28 (APP): The government has released Rs
248.113 billion for different social sector developmental projects
so far under its Public Sector Development Programme (PSDP) 2016- 17 as against the total allocation of Rs 800 billion.

According to the latest data released by the Planning
Commission of Pakistan Rs 7.234 billion has been released for
different projects of Pakistan Atomic Energy Commission against its
total allocation of Rs 27.690 billion for fiscal year 2016 17.

In order to improve and modernize the road infrastructure, the
government has released Rs 79.86 billion for different
developmental projects under National Highway Authority (NHA)
against the total allocations of Rs 188 billion for current year’s
development programme.

The government has also released Rs 13.522 billion for uplift
and development of Pakistan Railways in order to improve the
performance and service delivery of Railways as against the total
allocation of Rs 41 billion for the current financial year.

Under PSDP 2016-17, development programme, an amount of
Rs 8.548 billion has released for different projects of Higher
Education Commission in order to promote higher education as against
the total allocations of Rs 21.486 billion.

Meanwhile, an amount of Rs 7.586 billion has released for the
National Health Services, Regulation and Coordination Division as
the government has earmarked Rs 24.951 billion in it Federal PSDP
for the uplift of health sector of the country.

An amount of Rs 6.35 billion has released for Water and Power
Division (water sector) for the construction and development of
water reservoirs in order to water conservation for irrigation and
power generations against the total allocation of Rs 31.71 billion.
Meanwhile, a sum of Rs 2.307 billion has released for different projects of Planning, Development and Reforms Division against its total allocations of Rs 11.997 billion for current fiscal year.

Under development programme, the government has so far
released Rs 2.550 billion for Housing and Works Division as against
the total allocation of Rs 7.127 billion for the fiscal year
2016-17.

An amount of Rs 2.674 billion has released for Interior
Division as the government has earmarked Rs 11.554 billion for
different developmental projects of Interior Ministry.

The government has released Rs 15.699 billion for Water and
Power division power sector) against the total allocation of Rs 130
billion for current financial year in order to build water
reservoirs to overcome the future demand of water and power.

Under PSDP, 2016-17 an amount of Rs 6.510 billion has
released for Azad Jammu and Kashmir block and other projects as
against the total allocation of Rs 14.7 billion for current fiscal
year.

In addition, the government has so far released Rs 4.740
billion for Gilgit Baltistan and Rs 8.255 billion for SAFRON and
Federally Administrative Tribal Areas (FATA) respectively.

The government has released Rs 42.562 billion for special
federal development programme for Temporary Displaced Persons (TDPs) against the total allocation of Rs 100 billion.

The Planning Commission of Pakistan has been following a
proper mechanism to release funds. The commission releases 20
percent of funds in first quarter (July September), 20 percent in
second quarter (October December), 30 percent in 3rd quarter
(January March)and 30 percent in fourth quarter (April June).