Sindh development schemes worth Rs51 billion removed from PDSP

Karachi: While chairing a meeting about the National Economic Council (NEC), Sindh Chief Minister Syed Murad Ali Shah said that the federal government had deleted 36 developmental schemes worth Rs51 billion from its 2019-20 PSDP.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the overall finance distribution, allocation for PSDP 2019-20 was Rs36.61 billion. Almost 75 percent of it went to Khyber Pakhtunkhwa /federally administered tribal areas (Fata), 15 percent was given to Balochistan, 4.85 percent to Sindh and Punjab was given four percent of it. According to Mr Shah, cost of the entire PSDP portfolio stood at Rs8 trillion in which Sindh-based schemes cost was Rs540 billion which brings the respective province to only seven percent of its share in the PSDP.

The 36 schemes, which the federal government had deleted include construction of a new bridge over River Indus between Sukkur-Rohri, construction of an 88 km long Mirpurkhas-Umerkot section, construction of Southern Bypass Hyderabad, rehabilitation of the existing 200km carriage way from Sehwan-Ratodero and lining of K.B. Feeder Upper Canal for Water Supply to Karachi.

According to the CM, they are now only left with 5 ongoing schemes with an estimated cost of Rs23.9 billion.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

WASA to Launch PKR 14 Billion High-Tech Sewerage Project in Lahore Using TBM Technology

The Water and Sanitation Agency (WASA) Lahore is set to initiate a landmark sewerage upgrade…

12 hours ago

Govt Plans Strict Tax Measures Against Non-Filers in Upcoming Finance Bill

Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…

1 day ago

Pakistan Awaits IMF Verdict on $2.3 Billion in Loan Approvals

Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…

2 days ago

Lahore-Rawalpindi Bullet Train Project Lauded as a Major Milestone for Punjab’s Development

Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…

3 days ago

CDA Sets New Record with Rs25 Billion Development Expenditure This Fiscal Year

ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…

4 days ago

Islamabad Set to Inaugurate State-of-the-Art IT Park on August 14

ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…

5 days ago