Rs133b released under PSDP for development projects



The government has released over Rs 132.87 billion under its Public Sector Development Programme (PSDP) for the fiscal year 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion.
The released funds include Rs 34.59 billion for federal ministries and Rs 14.767 billion for special areas, according to latest data of Ministry of Planning, Development and Reform.
Out of these allocations, Rs 2.6 billion have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs 13.66 billion under PSDP 2017-18.
Railways Division received Rs 8.631 billion out of its total allocation of Rs 42.9 billion whereas Aviation Division received Rs 623.14 million out of its total allocation of Rs 4.348 billion.
The government also released an amount of Rs 6.126 billion for various development projects of Higher Education Commission out of total allocation of Rs 35.662 billion. —TNS