Science and Technology Research Division Gets PKR 1.76b, out of PKR 644.3b PSDP Total Releases

The federal government has released Rs 644.3 billion (92 percent) including Rs123.6 billion foreign aid.

Science and Technology Research Division Gets PKR 1.76b, out of PKR 644.3b PSDP Total Releases

Science and Technology Research Division Gets PKR 1.76b, out of PKR 644.3b PSDP Total Releases : The federal government has released Rs 644.3 billion (92 percent) including Rs123.6 billion foreign aid (96.34 percent) for various ongoing and new development projects under the Public-Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of Rs701 billion.

According to the latest PSDP data 2019-20 released by the Ministry of Planning, Development and Reforms on Friday, the government released Rs 296.65 billion (94.6 percent) including Rs17.6 billion foreign aid for development projects of various ministries, divisions and related departments out of Rs313.6 billion budgeted allocation.

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The government also released a total of Rs196.1 billion (103.2 percent) including Rs98.5 billion (108.3 percent) foreign aid out of Rs190.1 billion for development budget of corporations, which released more Rs 6 billion (3.2 percent) of total budgeted allocation; Rs174.1 billion including Rs79.23 billion foreign aid out of Rs154.966 billion, which is Rs19.1 billion more releases out of total entire budgeted amount for the projects of the National Highways Authority (NHA); and Rs22.1 billion including Rs19.3 billion foreign aid for National Transmission and Despatch Company (NTDC)/Pakistan Electric Power Company (PEPCO) out of Rs35.16 billion.

The ministry released a total of Rs43.9 billion (99.1 percent) including Rs4.887 billion foreign aid out of Rs44.28 billion budgeted allocation for development projects of special areas; Rs27.28 billion including Rs3.3 billion foreign aid for development projects of the Azad Jammu and Kashmir (AJK); and Rs16.58 billion including Rs1.6 billion foreign aid for Gilgit-Baltistan for financial year 2019-2020.

The government released Rs7.65 billion including Rs1.3 billion foreign aid out of Rs9.22 billion for development projects of the National Health Services, Regulations and Coordination Division. A total of Rs35.16 billion out of Rs36 billion have been released for the Cabinet Division.

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The government released Rs49.74 billion for security enhancement against Rs53 billion budgeted allocation for financial year 2019-20.

The Ministry of Planning, Development and Reforms released Rs10.03 billion for development projects of the Railway Division against Rs12.57 billion budgeted allocation, Rs1.76 billion for development projects of Science and Technology Research Division, and Rs8 billion for the National Food Security and Research Division.

The government has released Rs3.87 billion for development projects of the Federal Education and Professional Training Division out of Rs4.14 billion budgeted allocation, and Rs28.29 billion including Rs159.9 million foreign aid have been released out of Rs28.65 billion for the development projects of the Higher Education Commission.

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The ministry released a total of Rs110.3 billion for the Water Resources Division including Rs7.85 billion foreign aid, and Rs270.47 million for the Pakistan Nuclear Regulatory Authority. The government has released Rs7.5 billion for development projects of the Climate Change Division.

The government has released Rs8.4 billion for development projects of Interior Division, Rs5.84 billion for Revenue Division, Rs2.9 billion for Housing and Works Division, Rs8.43 billion for Finance Division, Rs5.3 billion for Information Technology and Telecom Division, Rs1.95 billion for Aviation Division, and Rs1.7 billion for Defense Production Division.

A total of Rs23 billion have been released out of Rs48 billion for development project of Merged Areas 10 Years Development Plan, and Rs15.4 billon against Rs24 billion for the merged districts of the Khyber Pakhtunkhwa.

Originally Published at BUSINESS RECORDER

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