Finance Division allocated Rs1.44 bln for five ongoing projects in PSDP 2026-27

ISLAMABAD, Jun 12 (APP): The Finance Division has been allocated Rs1.44 billion in the Public Sector Development Programme (PSDP) 2026-27 for five ongoing development projects aimed at strengthening public financial management, institutional capacity and financial inclusion.

According to official budget documents released  here on Friday, the total approved cost of the five projects stands at Rs39.377 billion, while cumulative expenditure up to June 30, 2026, has reached Rs34.092 billion.

The largest allocation of Rs 756.666 million has been earmarked for the Pakistan Audit and Account Academy (PAAA), Islamabad, against its total approved cost of Rs2.739 billion.

An amount of Rs386.932 million has been allocated for the Implementation of Online Billing Solution Shell under the PFM Reforms at Federal and Provincial Level (PCI) project, while Modernization and Up-gradation of Pakistan Mint (Phase-II-A) has received Rs164.132 million.

The Implementation and Mainstreaming of Audit Management Information System (AMIS) project has been allocated Rs82.270 million during 2026-27.

Meanwhile, the Women Inclusive Finance project, having a total approved cost of Rs31.413 billion, has been allocated Rs50 million under foreign funding for the upcoming fiscal year.

The budget documents further showed that the total throw-forward liability of the five ongoing projects stood at Rs5.285 billion as of July 1, 2026.