Govt disburses Rs701bln for PSDP projects

ISLAMABAD: The government has so far released around Rs701.172 billion for various ongoing and new projects of all the ministries and divisions under public sector development programme of 2016/17 out of its total allocation of Rs800 billion.

The Planning Commission of Pakistan has been following a proper mechanism for the release of funds and accordingly funds are released as per the given mechanism.

The commission released 20 percent of funds in the first quarter (July-September), 20 percent in the second quarter (Oct-Dec), 30 percent in third quarter (January-March) and 30 percent in fourth quarter (April-June).

The government also released Rs5.993 billion for various projects of finance division out of its total allocation of Rs10.159 billion earmarked under the PSDP for the fiscal year of 2016/17. 

The ministry of planning, development and reforms said the government has also released Rs140 million for construction of fish landing jetty and allied harbour facilities at Pishukan Gwadar, while an amount of Rs140 million has been provided for construction of fish landing jetty and allied harbor facilities at Surbandar East Bay, Gwadar. The federal government would be funding 80 percent of cost of both these projects.

Moreover, the government released all the allocated funds of Rs700 million for greater Karachi Sewerage Plant (S-III) Karachi, while Rs700 million has been released for Gwadar Development Authority out of its total allocation of one billion rupees. The government also released all the allocated funds of one billion rupees for greater Karachi Water Supply Scheme (K-IV). 

The government released Rs163 million for construction of flyover at Koyala Phattak, Samangli Road, Quetta. The government disbursed Rs400 million for Khyber Institute of Child Health and Children Hospital, district Peshawar, out of its total allocation of Rs650 million, while Rs100 million has been provided for widening and carpeting of Booni-Buzand Torkhow Road Chitral out of its total allocation of Rs250 million for PSDP of 2016/17. Official data showed that Rs58.839 million has been released for construction of eastern and expansion of southern sewerage treatment plants under Hyderabad package, while Rs100 million has been provided for construction and improvement of roads in urban areas of Hyderabad district.