Sindh Govt allocates Rs329bn for development expenditure


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KARACHI: The Sindh government allocates Rs329 billion for development budget of which  Rs222.5 billion will be earmarked for provincial annual development program (ADP) while Rs30 billion will be allocated for districts ADP for the following fiscal year. 

As per sources, a total of 3,315 uplift schemes are planned for Sindh; 1,645 ongoing projects will be completed while 1,670 new projects will be included in the ADP. 

According to the ADP for 2021/22, Rs17 billion will be allocated for irrigation,  Rs5 billion for the agriculture sector,  Rs15.5 billion for health, Rs26 billion for education,  Rs1.0 billion for minorities affairs, Rs35 million for human rights, Rs50 million for human settlement, Rs500 million for Auqaf, Zakat and Ushr and Rs5.0 billion for new development projects. 

In addition, Rs1.5 billion are proposed for Industries and Commerce,  Rs2.56 billion for Planning and Development, Rs200 million for Information, Rs350 million for Population Welfare, Rs175 million for Board of Revenue and Rs11 million for Cooperative department. 

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Sindh govt allocates Rs8bn for infrastructure development in Karachi


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KARACHI: The Sindh Government, on Tuesday, earmarked Rs8 billion for 19 infrastructure development projects in the provincial budget for fiscal year 2021-22.  

As per the budget documents of the provincial government, Rs8 billion has been allocated for 13 new and 6 existing uplift schemes.  This is an increase from the financial year 2020-21, where only Rs1.94 billion were allocated for 19 development schemes in Karachi. 

As per details, the government will focus on early completion of the existing projects to ensure smooth delivery and will undertake new projects for the ease of the residents. 

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Punjab govt allocates Rs189bn for 11 districts of South Punjab


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MULTAN: The Punjab government on Monday under the provincial budget allocated Rs189bn for the 11 districts of South Punjab.

It is for the first time that a separate budget ledger has been designated for 11 districts of South Punjab.

According to the details, the allocated amount will be spent on agriculture, education, health, and other sectors.

As per the budgetary documents, Rs11,086mn will be spent on urban development,  Rs4,889mn for sanitation and water supply, and Rs7,679mn for public buildings.

Similarly, the provincial government has allocated Rs15,362mn for the development of school education in the region.

The allocation comprises 35pc of the total size of ADP 2021-22.

 

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Government allocates Rs87bn for CPEC in budget 2021-22


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ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar, said that the government will allocate Rs87 billion for the execution of China-Pakistan Economic Corridor (CPEC) projects. 

As per details, National Economic Council (NEC) earmarked Rs6.2 billion for Mainline (ML-1) and Rs42 billion for Western Wing. The government also allocated Rs7 billion for the development of infrastructure of Special Economic Zones (SEZs). 

According to sources, the minister said that the federal Public Sector Development Program (PSDP) budget was increased from Rs660 billion to Rs900 billion in the upcoming budget, indicating an increase of 36.4 per cent. 

While briefing CPEC Authority Chairman Lt Gen (retd) Asim Salem Bajwa at the P Block, Asad Umar said that the commitment to completion of CPEC projects has strengthened as the issue of circular debt and nonpayment to IPPs has now been resolved. 

 

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