ISLAMABAD: Planning Commission’s Central Development Working Party on Monday cleared three projects with an estimated cost of Rs49.65 billion, including procurement of 25 shunting.
Govt is Allocating Rs. 2.1 Trillion for Development Programs in Budget 2021-22: Asad Umar
The Federal Minister for Planning and Development Asad Umar, announced that the National Economic Council (NEC) has approved the allocation of Rs. 2.10 trillion for the country’s development program.
This included Rs. 87 billion for the China-Pakistan Economic Corridor (CPEC) for 2021-22 against Rs. 1,527 billion for 2020-21, with an increase of 36.4 percent.
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Flanked by the Chairman of the CPEC Authority, Asim Saleem Bajwa, during his briefing regarding the allocations for the Public Sector Development Program (PSDP), Minister Umar said that the allocation for the federal development budget is Rs. 900 billion for 2021-22 against Rs. 650 billion for 2020-21, while the provincial development budget is Rs. 1,202 billion for 2021-22 against Rs. 867 billion for 2020-21.
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