Federal govt releases Rs492bn for social development projects

ISLAMABAD: According to the data released by the Ministry of Planning, Development and Reform the federal government under Public Sector Development Programme (PSDP) 2020-2021 has released Rs500.942bn for new and ongoing social development projects.

As per the data, the federal ministries have been allocated Rs321.5bn, special areas Rs29.54bn, corporations Rs148.65bn, and Rs1.bn for Earthquake Reconstruction and Rehabilitation Authority (ERRA).

Furthermore, out of the total allocation of Rs118.67bn, Rs98.32bn has been given to National Highway Authority (NHA).

Similarly, National Transmission and Dispatch Company (NTDC) has been released Rs50.32bn out of Rs158.3bn. Moreover, out of Rs79.38bn, Rs.64.8bn have been released to Water Resource Division.

According to the released data, the total expenditures of different departments and ministries for (July-Feb) period of the current fiscal year amounted to Rs263.1bn out of the total allocated funds of Rs479bn.