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Gov’t releases Rs220.24 bln for development projects under PSDP 2017-18

The government has released over Rs 220.2 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion.

The released funds include Rs 50.55 billion for federal ministries and Rs 24.047 billion for special areas, according to data released by Ministry of Planning, Development and Reform on Monday.

Out of these allocations, Rs 2.649 billion have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs 13.66 billion under PSDP 2017-18.

Railways Division received Rs 9.202 billion out of its total allocation of Rs 42.9 billion whereas Aviation Division received Rs 623.14 million out of its total allocation of Rs 4.348 billion.

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