Search
Close this search box.
Search
Close this search box.

Govt Authorizes Rs. 72 Billion in Q4 Under PSDP

The Ministry of Planning Development and Special Initiatives has authorized Rs. 72 billion for various Ministries/Division in the fourth quarter of the current fiscal year (2022-2023) under the Public Sector Development Program (PSDP) which is Rs. 50 billion more compared to the same period of the previous year of (2021-22).

According to details, the Planning Ministry has authorized a total of Rs. 566.85 billion to various Ministries/Divisions in FY23 which is 100 billion more compared to the previous year’s figure of Rs. 516.31 billion.

In a statement, the ministry said that Planning Minister Ahsan Iqbal has had a constant view since he assumed charge of the ministry that the federal government should not take projects related to the provinces.

“The federal government should consider only high-priority projects of the provinces based on 50-50 sharing,” said the Minister during the last meeting in which he reviewed the PSDP.

Source: Pro Pakistani