Ministries review progress of PSDP funded projects

News Image

By MG News | September 25, 2020 at 03:34 PM GMT+05:00

0:00

September 25, 2020: Federal Minister for Planning Development & Special Initiatives Asad Umar chaired a meeting to review the progress of Federal Education and Professional Training projects under PSDP here in Islamabad on Friday.

Minister for Federal Education and Professional Training Shafqat Mehmood, Minister for Economic Affairs Khusro Baktiyar, Parliamentary Secretary Wajiha Akram, Deputy Chairman Planning Commission, Secretary Planning, Secretary Education, and senior officials of the M/o PD&SI was also present in the meeting.

The issues/ bottlenecks of PSDP-funded projects, of the M/o FE&PT, were discussed thoroughly, and the way forward was agreed for each project.

While chairing the meeting Asad Umar said that Planning Commission has streamlined the process of authorization of PSDP funds for the Ministries / Executing agencies. In the first quarter of the PSDP 2020-21, 20% of PSDP allocation of each Ministry was authorized in one go by M/o PD&SI so that the sponsors release and utilize the funds on time.  This process will ensure speedy implementation of the projects and passing on the benefits to the public.

He made it clear that no compromise would be made on the timely and quality completion of the development projects. In this regard, all the concerned authorities M/o FE&PT have to make sure that agreed timelines are strictly followed.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 130,119.74
136.16M
-0.17%
-224.30
ALLSHR 80,961.53
406.15M
-0.08%
-62.45
KSE30 39,811.52
60.34M
-0.24%
-96.74
KMI30 189,527.55
75.29M
-0.00%
-7.45
KMIALLSHR 54,769.42
194.10M
-0.03%
-14.24
BKTi 34,592.40
13.69M
-1.00%
-348.33
OGTi 28,465.64
11.47M
0.60%
169.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,940.00 110,105.00
109,200.00
-345.00
-0.31%
BRENT CRUDE 68.59 69.00
68.41
-0.52
-0.75%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 109.20 110.00
108.25
1.70
1.58%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.94 67.50
66.78
-0.51
-0.76%
SUGAR #11 WORLD 15.56 15.97
15.44
-0.14
-0.89%

Chart of the Day


Latest News
July 03, 2025 at 11:20 AM GMT+05:00

Govt reaffirms support for industrial growth: Ahsan Iqbal


July 03, 2025 at 10:45 AM GMT+05:00

Pakistan faces population emergency: Ahsan Iqbal


July 03, 2025 at 10:22 AM GMT+05:00

Bunny’s starts bread production in Islamabad


July 03, 2025 at 10:16 AM GMT+05:00

Atlas Honda updates bike prices amid new taxes



Top 5 things to watch in this week

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