Govt releases Rs 301.36 billion for development projects

News Image

MG News | January 06, 2020 at 02:36 PM GMT+05:00

0:00

January 06, 2020: The federal government has so far authorized release of Rs 301.36 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as against the total allocation of Rs701 billion.

Under its development programme, the government has released an amount of Rs135.15 billion for federal ministries, Rs 102.55 billion for corporations and Rs 21.7 billion for special areas, according to a latest data released by Ministry of Planning, Development and Reform.

Out of these allocations, the government released Rs 26.78 billion for security enhancement in the country for which the government had allocated Rs 32.5 billion during the year 2019-20.

An amount of Rs 40.67 billion has also been released for the blocks managed by finance division under the government's 10 years development programme.

Similarly for Higher Education Commission, the government released an amount of Rs 14.12 billion out of its total allocation of Rs 29 billion while Rs150.73 billion were released for Pakistan Nuclear Energy Authority for which the government had allocated Rs 301.48 billion in the development budget.

For National Highway Authority, the government released Rs 95.38 billion against its allocations of Rs154.96 billion.

Under annual development agenda, the government also released Rs 6.4 billion for Railways Division out of total allocation of Rs 16 billion, Rs 4.56 billion for Interior Division, and Rs 5.8 billion for National Health Services, Regulations, and Coordination Division.

Revenue Division received Rs 3.2 billion out of total allocation of Rs1.9 billion, whereas the Cabinet Division also received Rs 19.3 billion for which an amount of Rs 39.986 billion has been allocated for the year 2019-20.

The government also released Rs 12.8 billion for Azad Jammu and Kashmir (AJK) block and other projects out of its allocations of Rs 27.26 billion and Rs 8.7 billion for Gilgit Baltistan (Block and other projects).

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 170,313.86
435.47M
-0.08%
-133.44
ALLSHR 103,015.58
1,065.49M
0.03%
32.70
KSE30 51,854.06
241.67M
0.04%
22.42
KMI30 242,259.69
133.89M
-0.76%
-1853.91
KMIALLSHR 66,724.18
452.80M
-0.67%
-452.45
BKTi 46,861.43
131.81M
1.70%
784.69
OGTi 33,615.26
10.50M
-1.02%
-347.09
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,155.00 88,110.00
86,325.00
-640.00
-0.73%
BRENT CRUDE 60.02 60.40
59.25
1.10
1.87%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.15
2.42%
ROTTERDAM COAL MONTHLY 95.75 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 56.22 56.58
55.08
1.09
1.98%
SUGAR #11 WORLD 14.79 14.88
14.76
-0.03
-0.20%

Chart of the Day


Latest News
December 17, 2025 at 05:16 PM GMT+05:00

Chinese FinTech giant Fintopia eyes Pakistan market


December 17, 2025 at 04:39 PM GMT+05:00

NETSOL extends 29-year alliance with global auto giant


December 17, 2025 at 04:34 PM GMT+05:00

Auto financing in Pakistan rises to Rs318bn in November


December 17, 2025 at 04:25 PM GMT+05:00

Petroleum import bill rises by 28% YoY in Nov


December 17, 2025 at 04:19 PM GMT+05:00

PKR rises 3.7 paisa against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg