KP govt utilized 75pc released funds during current fiscal year

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The Khyber Pakhtunkhwa government has utilized 75% of the released development funds during the current fiscal year which is 51% above the development expenditure made till May last year.

Development process in different sectors has gradually improved over the last four years and dozens of development projects of public welfare have been completed and made functional as well whereas overall services delivery has also improved many folds across the province including newly merged areas. significant achievements have been made in road sector of the province since 2018-19 till date.

This was told in the meeting held here on Thursday with Chief Minister Khyber Pakhtunkhwa Mahmood Khan in the chair. Beside Additional Chief Secretary Shahab Ali Shah, administrative secretaries of provincial departments and other relevant officials were in attendance.

The forum reviewed the progress so for made on the projects under annual development plan of current financial year in addition to threadbare discussion on the initial draft of ADP for the next fiscal year. Briefing about the utilization made so for under the current financial year, the forum was informed that Energy & Power department stood top of the list with 98% expenditure against the released funds whereas road and industries sectors stood second and third position with the utilization of 92 and 89 % respectively.

Briefing about the details regarding increase in the development budget since 2018 till date, it was informed that development budget of the province has increased from Rs. 114 billion in fiscal year 2018-19 to Rs. 210 billion in 2021-22 adding that preliminary, development budget worth Rs. 230 billion has been proposed for the upcoming fiscal year which would be the largest annual development plan of Khyber Pakhtunkhwa.

The participants were also apprised of achievements made in different sectors over the last four years and was told that over 145000 meters flood protection walls, 788000 meters irrigation channels.

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