Rs 141.17 bn released for development projects under PSDP 2017-18

528

ISLAMABAD, Sep 25 (APP): The government has released
over Rs 141.17 billion under its Public Sector Development Programme
(PSDP) for the fiscal year 2017-18 for various ongoing and new
schemes against their total allocations of Rs.1001 billion.
The released funds include Rs 37.638 billion for federal
ministries and Rs 15.316 billion for special areas, according to
latest data of Ministry of Planning, Development and Reform.
Out of these allocations, Rs 2.6 billion have been released
for Communication Division (other than National Highway Authority)
for which the government has earmarked Rs 13.66 billion under PSDP
2017-18.
Railways Division received Rs 8.631 billion out of its total
allocation of Rs 42.9 billion whereas Aviation Division received Rs
623.14 million out of its total allocation of Rs 4.348 billion.
The government also released an amount of Rs 6.5 billion
for various development projects of Higher Education Commission out
of total allocation of Rs 35.662 billion.
Water and Power Division (water sector) received Rs 7.35
billion out of its total allocation of Rs 36.75 billion under PSDP
2017-18.
The government also released Rs 1.485 billion for National
Health Services, Regulations and Coordination Division, for which an
amount of Rs 48.701 billion have been allocated in the federal
PSDP 2017-18 while Rs 46 million have been released for Pakistan
Nuclear Regulatory Authority out of its total allocations of Rs
409.553 million.
An amount of Rs 300 million have been released for Finance
Division out of its total allocations of Rs 20.143 billion while Rs
163 million have been released for Climate Change Division out of
its total allocations of Rs 815 million for the current year.
Similarly an amount of Rs 1.94 billion have been released for
Petroleum and Natural Resource Division out of its allocations of
Rs 3.692 billion, Rs 223.7 million for Planning, Development
and Reform Division out of its allocations of Rs 10.869 billion
whereas Rs 500 million have been released for SUPARCO out of its
allocations of Rs 3.5 billion.
Likewise, the government also released Rs 61 million for Human
Rights Division, and Rs 322 million for National Food Security and
Research Division.
The government released Rs 4.04 billion for AJK (block and
other projects) out of its allocations of Rs 25.344. billion,
Rs 6.126 billion for Gilgit Baltistan (block and other projects) out
of its allocations of Rs 18.3 billion whereas Rs 5.149 billion have
been released for SAFRON/FATA (Block and other projects) out of its
total allocations of Rs 26.90 billion for the FY2018.
The government also released Rs 30 billion for Prime
Minister’s Global SDGS Achievement Programme whereas Rs 900 million
have been released for ERRA out of its total allocations of Rs 7.5
billion.
An amount of Rs 3.911 billion have been released for Prime
Minister’s Youth Hunarmand Programme out of its total allocations of
Rs 20 billion, according to the data.
The Planning Commission of Pakistan has been following a
proper mechanism for the release of funds and accordingly funds are
released as per given mechanism.
The commission releases 20% of funds in first quarter (July
September), 20% in second quarter (October December), 25% third
quarter (January March) and 35% in fourth quarter (April June).