Dev inflows on increase, govt releases surpass 50 pc

The year 2020 has seen improved inflows into Pakistan’s development initiatives and the data says Islamabad approved Rs.384 billion in mid-January.
The Planning Commission data confirmed by some reports said the overall spending on development projects exceeded 50 percent of the total allocation amount for development in the country. One report claims it was about 55 percent a scale that stood far behind in the last fiscal year.
A recent report as regards the releases by the commission says the imbursement of Rs384 billion disbursements for development projects was against a budgetary allocation of Rs701bn. Last year’s scale was Rs.233 billion during the corresponding period. Releases
• Sustainable Development Goals (SDG) Rs Rs18.6bn
• Security enhancement Rs26.8bn (83pc of total allocations)
• Special Federal Govt Program for temporarily displaced persons (TDPs) Rs.5 bn
• Prime Minister’s Youth and Hunarmand Program Rs.1.5 bn
• Development of newly merged tribal districts of KP Rs.Rs4.4bn
• Clean Green Pakistan Movement Rs Zer
• National Highway Authority Rs. Rs111bn
• Power sector Rs. Rs7.3bn