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With Rs 2 1tr outlay, development budget for FY22 goes up by 38%

Daily Times With Rs 2.1tr outlay, development budget for FY22 goes up by 38% Out of total allocation, Rs 900 billion set aside for federal PSDP and Rs 1.235 trillion for provinces June 12, 2021 Pursuing an approach of balanced development across the country, the federal government on Friday unveiled Rs 2.1 trillion Public Sector Development Programme (PSDP) for the fiscal year 2020-21, with special focus on strengthening the health sector and generating business activities to combat widespread disruptions caused by the Covid-19 pandemic. Out of the total PSDP outlay, an amount of Rs 900 billion was set aside for the federal PSDP and Rs 1.235 trillion for the provinces, according to the budgetary document.

Budget 2021-22: Here s a glimpse at the PSDP

Budget 2021-21: Highlights of PSDP

Cabinet Division probes hiring delay

Cabinet Division probes hiring delay Ministries and divisions have failed to appoint heads of 86 companies The Establishment Division requested ministries and divisions to provide details of vacant positions of CEOs and MDs. PHO-TO: FILE ISLAMABAD: Annoyed by the failure of ministries and divisions to appoint heads of 86 companies, the Cabinet Division has initiated an investigation into the matter. Earlier in July 2019, the prime minister had given a three-month deadline for filling vacant positions in state-run companies. However, the Establishment Division recently informed Prime Minister Imran Khan that 21 ministries and divisions had failed to fill 86 seats, which once again irked the premier.

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