11 hours ago
- Business
- Business Recorder
PSDP 2024-25: Ministry authorises Rs1.035trn for projects, releases Rs596.61bn
ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised a total of Rs1.035 trillion (94.51 per cent ) out of Rs1.096 trillion for development projects from July to May while Rs596.61 billion have been expended so far under Public Sector Development Programmes (PSDP)-2024-25.
According to the Ministry of Finance's notification, the Ministry of Planning, Development and Special Initiatives authorised 15 per cent funds for the first quarter, 20 per cent for the second quarter, 25 per cent for the third quarter, and 40 per cent for the fourth quarter under the PSDP.
According to the data available on the website of Ministry of Planning, the ministry authorised Rs770 billion (92.8 per cent) for development projects of various federal ministries, divisions and other departments against Rs829.67 billion including Rs139.2 billion foreign loan budgeted allocation for the financial year 2024-25.
A total of Rs437 billion has been expended so far on the development projects on various federal ministries, division and departments.
The ministry authorised Rs256.85 billion (100 per cent) out of Rs265.85 billion budgeted allocations for the National Highways Authority (NHA) and power sector (NTDC/PEPCO) for development projects.
But a total of Rs159.56 expenditures have been made so far on the development projects. A total of Rs161.26 (100 per cent ) billion has been authorised out of Rs161.26 billion for development projects of the NHA while Rs87.42 billion has been spent. A total of Rs104.59 billion (100 per cent ) has been authorised out of Rs104.59 billion for the power sector (NTDC/PEPCO) while Rs159.56 billion expenditures have been made from July to May 2025.
According to the data, a total of Rs48.97 billion (100 per cent) has been authorised out of Rs48.97 billion budgeted allocations for development projects for the Cabinet Division, while Rs34.97 billion has been expended.
A total of Rs5 billion has been authorised out of Rs5 billion for development projects of the Aviation Division, Rs3.535 billion (100 per cent ) for the Climate Change Division, Rs20.75 billion (100 per cent ) for the Federal Education and Professional Training Division, Rs5.578 billion (100 per cent) for defence Division, Rs7 billion out of Rs7.1 billion for Finance Division, Rs710 million (100 per cent) for States and Frontier Regions Division, Rs11.375 billion (100 per cent) billion for Information Technology and Telecom Division, and Rs35 billion (100 per cent ) for Railway Division during financial year 2024-25.
The ministry also authorised Rs217.66 billion out of Rs276.45 billion for provinces and Special Areas, Rs61.12 billion (100 per cent) for development projects for Higher Education Commission (HEC), and Rs8.374 billion (100 per cent) has been authorised for the development projects of National Food Security and Research Division.
The ministry also authorised Rs9.78 billion (100 per cent) budgeted allocation for the Interior Division, Rs21 billion (100 per cent ) for National Health Service, Regulations and Coordination Division, Rs2.176 billion (100 per cent ) for Defence Production Division, Rs8.49 billion (100 per cent) for Planning, Development and Special Initiatives Division, Rs6.65 billion (100 per cent) for Science and Technological Research Division, Rs3.23 billion (100 per cent) for Petroleum Division, and Rs199.6 billion (100 per cent out of Rs199.6 billion budgeted allocation for development projects of Water Resources Division etc.
Copyright Business Recorder, 2025
