The size of national PSDP
(Rs1,513.7 billion) in the budget for###Federal PSDP
for the year 2015-16 has been kept at Rs700
An amount of Rs 17.1 million has been released for purchase of land for establishing Directorate of Transit Trade at Gilgit for China Pakistan Economic Corridor (CPEC) Trade Facilitation for which Rs 28.5 million have been earmarked in the current PSDP
Officials from Planning and Development department informed CM Balochistan that following his vision next PSDP
was being finalized in order to end poverty, provision of jobs and economic stability in Balochistan.
As far as ongoing development schemes are concerned, Rs59 milAlion have been proposed to be set aside in the PSDP
for construction of 4 police stations in different secAtors of the capital at G-11, I-11, D-12 and Shahzad Town.
However, he voiced fear that downward revision of PSDP
budget in the first mini-budget coupled with hefty axing in the sanctioned budget for development projects, would have a negative impact on domestic industry and affect its overall growth.
is not enough for the timely completion of ongoing infrastructure projects and the projects under 12th Five-Year Plan,' said the Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar.
On Tuesday, the Ministry of Planning and Development shared the revised PSDP
2018-19 in a meeting of the Senate Standing Committee on Planning, reports Express Tribune.
The Pakistan Tehreek-e-Insaf government, in its Federal PSDP
2019-20, had earmarked Rs 2343.293 million for the Industries and Production Division projects, according to the latest data released by of Ministry of Planning, Development and Reform.
"As per Release Strategy issued by the Finance Division on July 15, 2019, 20 percent of the PSDP
allocation has to be authorized for PSDP
funded projects," a Plannaing Commission press release said.
Secretary planning briefed the committee over ML-I, PSDP
He said, Balochistan would receive 20% share in Federal Public Sector Development Program (PSDP
) that would remove shadows of deprivation from Balochistan.
Nawaz Khan Kakar of the Jamiat Ulema-i-Islam-Fazl (JUI-F) has claimed in his petition that the scrutiny team of the Planning and Development department had not approved the schemes included in the PSDP
and it was a violation of the high court's order.