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Tag Archives: PSDP

Finance Ministry spends Rs 89b on 213 projects under Public Sector Development Program

ISLAMABAD: The Finance Ministry has spent over Rs 89 billion on 213 projects in four major sectors including Water, Health, Education and electricity under public sector development program (PSDP) with total cost of 1978 billion in last five years. Whereas, an amount of Rs 525 billion, Rs 630 billion, Rs 760 billion and Rs 900 billion will be spent on ... Read More »

Planning and development division releases Rs27 billion funds for unapproved projects

ISLAMABAD: Convener standing committee for planning and development Senator Nisar Muhammad has asked for details of three billion funds released for research workshop and Rs 27 billion for unapproved projects. He canceled the authority of planning and development division to release funds for unapproved projects and releasing funds up to 150 to 200 million for very sensitive government projects. He ... Read More »

PSDP 2014-15: Govt provides Rs 170.26m for agri uplift, food safety

ISLAMABAD: The government has provided Rs 170.259 million under Public Sector Development Programme (PSDP) 2014-15 for various ongoing and new developmental projects of Ministry of National Food Security and Research Division related to agricultural research, livestock development and food security. The government had allocated Rs 1071.300 million in its Federal PSDP 2014-15 for 18 developmental projects of agriculture and livestock ... Read More »

PIDE terms fiscal revenue target ‘too ambitious’

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has described the revenue target of Rs2,810 billion for the fiscal year 2014-15 as too ambitious to be met, saying the projected increase in revenue collection target is likely to be missed due to various factors. In a report, the PIDE cited that the highest growth in tax collection Pakistan had ever ... Read More »

Imran’s call for tax non-payment to fail: Asad

ISLAMABAD: The Federal Board of Revenue (FBR) spokesperson and Member Inland Revenue Shahid Asad said that Imran’s call for civil disobedience is an irresponsible statement which will not affect revenue operations. He said that it is not possible that  someone could get any exemption from paying tax as you can’t argue with shopkeeper while buying daily commodities by saying that ... Read More »