Islamabad: The government on Friday announced a 38 % rise, amounting to about PKR 900 billion, in the Federal Public Sector Development Programme (PSDP) for the financial year 2021-22, according to media sources.
Additionally, The National Development Programme, which includes PSDP and the provinces’ development contribution, has been granted PKR 2,135 billion, which is a 33% increase over the previous year.
Here are the details for the PKR 900 billion uplift projects:
PKR 265 billion is set aside for transport and communications
PKR 103 billion is allocated for energy
PKR 99 billion will be used for water resources
PKR 40.93 billion to be spent on housing and physical planning
PKR 28 billion has been allocated for health
PKR 5.12 billion is set aside for education and training
PKR 37 billion to be used for Higher Education Commission
PKR 15.26 billion will be used for the environment
PKR 15.13 billion to be spent for manpower and employment
PKR 74 billion will be spent for Sustainable Development Goals
PKR 54 billion to be used for merged districts
PKR 45 billion is set aside for special areas including Gilgit-Baltistan and Jammu and Kashmir
PKR 34 billion has been allocated for less developed areas (North and South Balochistan Packages, Sindh Development Plan, and Gilgit-Baltistan Development Plan)
PKR 5.7 billion to be used for governance
PKR 29.3 billion to be spent on science and information technology
PKR 15.5 billion allocated for the production sector (food, industries, and agriculture)
PKR 37.4 billion to be used for other requirements
Finance Minister Shaukat Tarin said during his budget address that the government will pay special attention to the Diamar-Bhasha, Mohmand, and Dasu dams that are still under construction. Sukkur-Hyderabad road, Kharian-Rawalpindi road, Balkasar-Mianwali road, Sialkot-Kharian road, Muzaffargarh-Mianwal road, Karachi Circular Railway, Chaman-Quetta-Karachi Highway (N-25), and Karachi-Pipri Freight Corridor are among the projects to be launched under the Public-Private Partnership (PPP) arrangement, according to the budget document.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
