Over Rs416b released so under PSDP for uplift projects

STAFF REPORT ISB: The government has so far released over Rs 416.725 billion for different social sector development projects under the Public Sector Development Programme (PSDP) 2015-16 against the total allocations of Rs 700 billion.

According to the latest data of the Ministry of Planning, Development and Reform, the Higher Education Commission has been provided Rs 14.037 billion against its total allocations of Rs 20.5 billion while Rs 1.040 billion released for Science and Technological Research Division against the total allocation of Rs 1.510 billion during the current fiscal year development plane.

Under PSDP, 2015-16, Rs 13.678 billion have been released for the Railways Division for which an amount of Rs 41 billion has been earmarked for the current budget. Under PSDP 2015-16, Ministry of National Health Services, Regulations and Coordination Division has been provided Rs 13.500 billion so far against the total allocations of Rs 20.701 billion while Rs 5.476 billion have been released for Finance Division out of its total allocations of Rs 12.684 billion. The government also released Rs 624.912 million for National Food Security and Research Division, Rs 1.04 billion for Science and Technical research Division and Rs350 million for SPARCO.

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