Category: Budget

ISLAMABAD, June 3 (APP): The government has allocated Rs 21486.487 million for the Higher Education Commission (HEC) for the Fiscal Year 2016-17 in the Public Sector Development Program (PSDP). According to budgetary document released here Friday, a total amount of Rs 5426.631 million has been earmarked for the new schemes of the HEC, while Rs… Continue reading HEC to get Rs 21486.487 mln for higher education during FY 2016-17

ISLAMABAD, June 3 (APP): The Government has earmarked Rs 9201.901 million to Finance Division for various ongoing and new schemes in the Public Sector Development Programme (PSDP) 2016-17. According to a budgetary document released here Friday evening, the government has allocated Rs 250 million for the ongoing scheme of Automation project of CDNS in PSDP… Continue reading Government allocates Rs.9201.901 mln for Finance Division in PDSP 2016-17

ISLAMABAD, June 3 (APP): Under the Public Sector Development Program (PSDP), a sum of Rs 22.3 billion have been earmarked for three schemes to be carried out during the next financial year 2016-17. According to the PSDP, a sum of Rs 22.3 billion would be spent on the two ongoing projects whereas three new schemes… Continue reading Govt allocated Rs 22.3 billion for SAFRON Ministry

ISLAMABAD, June 3 (APP): Under the Public Sector Development Program (PSDP), Rs 4.7 billion have been earmarked for 15 schemes to be carried out during the next financial year 2016-17. The total allocations include Rs 4.3 billion for the ongoing 8 projects whereas Rs 365 million would be spent on launching 7 new schemes. The… Continue reading Rs 4.7 billion allocated for Aviation Division

ISLAMABAD, June 3 (APP): The government has earmarked Rs 11997.820 million under Public Sector Development Programme (PSDP) 2016-17 for different new and ongoing schemes of the Ministry of Planning, Development and Reforms. According to PSDP 2016-17 released here Friday, Rs 1405 million have been allocated for 15 new schemes and Rs 2911.212 for 17 ongoing… Continue reading Planning, Development, Reforms to get Rs 11997.820 million under PSDP

ISLAMABAD, June 3 (APP): The government on Friday earmarked Rs 2300 mln in the Public Sector Development Programme (2016-17) for different ongoing schemes of the Defence Production Division to upgrade the Karachi Naval Dockyard, equipping it with state of the art facilities to handle all kind of ships and submarines in a more professional manner.… Continue reading Karachi Naval Dockyard will get Rs 2300 mln for upgradation

ISLAMABAD, June 3 (APP): The government on Friday allocated Rs 2526.658 million in the Public Sector Development Programme (PSDP 2016-17) for six ongoing and four new schemes of the Defence Division. According to the PSDP, an amount of Rs 35.779 million has been earmarked for the installation of security equipments at the Pak Secretariat-II, Rawalpindi.… Continue reading Rs 2526.658 mln earmarked for 10 schemes of Defence Division

ISLAMABAD, June 3 (APP): The Public Sector Development Programme (PSDP) for the next fiscal year carries total allocation of Rs 200 billion to undertake six schemes under Special Programmes inclusive of Rs 100 billion for Temporarily Displaced Persons (TDPs). According to the PSDP document, the schemes to be carried out under this programme along with… Continue reading Rs 200 b allocated for special programmes including Rs 100 b for TDPs

ISLAMABAD, June 3 (APP): A sum of Rs 34.314 million has been allocated for executing one ongoing and a new scheme of the Ministry of Religious Affairs and Interfaith Harmony under Public Sector Development Programme (PSDP) during 2016-17. According budgetary document, Rs 3.486 million has been allocated for construction of Boundary wall with barbed wire… Continue reading Rs 34.314 mln allocated for executing Religious Ministry schemes

ISLAMABAD, June 3 (APP): The government on Friday unveiled Rs 1.675 trillion Public Sector Development Programme (PSDP) for the fiscal year 2016-17 which would be utilized for various ongoing and new development schemes. Out of total PSDP, Rs 800 billion have been set aside for the federal departments whereas a sum of Rs 875 billion… Continue reading Govt unveils Rs 1.675 trillion Development Programme for FY2017

ISLAMABAD, June 3 (APP): The government has allocated an amount of Rs 200 million for two ongoing schemes of Statistic Division under Public Sector Development Programme (PSDP), 2016-17. According to a budgetary document released here Friday, the government has allocated Rs 100 million for change of base of National Accounts 2005-06 to 2015-16. Similarly an… Continue reading Statistic Division to get Rs 200 million under PSDP

ISLAMABAD, June 3 (APP): The government has allocated an amount of Rs 25750 million for various new and ongoing schemes of Kashmir Affairs and Giglit Baltistan Division under Public Sector Development Programm (PSDP) for the fiscal year 2016-17. According to PSDP released here Friday, the federal government has allocated Rs 12000 mln for Azad Jammu Kashmir (AJK) block… Continue reading Govt allocates Rs 25750 mln for various schemes of Kashmir Affairs, G-B Division

ISLAMABAD, June 3 (APP): The government has allocated an amount of Rs 25750 million for various new and ongoing schemes of Kashmir Affairs and Giglit Baltistan Division under Public Sector Development Programm (PSDP) for the fiscal year 2016-17. According to PSDP released here Friday, the federal government has allocated Rs 12000 mln for Azad Jammu Kashmir… Continue reading Govt allocates Rs 25750 mln for various schemes of Kashmir Affairs, G-B Division

ISLAMABAD, June 3 (APP): The government on Friday allocated Rs 587.476 million in the Public Sector Development Programme (PSDP 2016-17) for the four major ongoing schemes aimed at stepping up exploration activites of natural resources to achieve self-reliance in the energy sector. According to the PSDP, the projects approved by the Central Development Working Party (CDWP) and Departmental… Continue reading Rs 587.476 mln allocated to step up natural resources’ exploration

ISLAMABAD, June 3 (APP): The government has allocated Rs 644.999 millions for Ministry of Interprovincial and Coordination in the Public Sector Development Programme (PSDP) for the fiscal year 2016-17. According to the budgetary document released on Friday, Rs 534.99 will be spent on five ongoing schemes while Rs 110.000 for two new sachems. The important new schemes included… Continue reading Rs 644.999 mln allocated for ministry of IPC in PSDP 2016-17

ISLAMABAD, June 3 (APP): The Federal Government has allocated Rs 1109.249 million for 15 development projects of Information Technology and Telecom Division in the Public Sector Development Programme (PSDP) for the fiscal year 2016-17. According to the budgetary document released on Friday, the government has specified Rs 1109.249 million for 15 development schemes of the division out… Continue reading Rs 1109.249 mln allocated for Technology, Telecom division in PSDP

ISLAMABAD, Jun 3 (APP): Finance Minister Ishaq Dar Friday said there has been 60% increase in revenue collection in past three years.

ISLAMABAD, June 3 (APP): The Special session of National Assembly to present federal budget for the fiscal year 2016-17 on Friday started at 5:15 p.m with recitation of the Holy Quran and Naat. Speaker National Assembly Sardar Ayaz Sadiq is chairing the session.

ISLAMABAD, June 3 (APP): Minister for Finance Senator Ishaq Dar Friday proposed several incentives to promote fish farming sector in the country during the fiscal year 2016 17. In his budget speech, he proposed to reduce customs duty on import of fish feed pellet machines and water aerators from 5 percent to 2 percent. “Fish feed is subject… Continue reading Dar announces incentives to promote fish farming