PSDP Spending Revised to Rs1.05tr

PSDP spending revised to Rs1.05tr

Planning Minister Ahsan Iqbal announced on Thursday that actual federal development spending surged to a record Rs1.05 trillion in the last fiscal year due to booking more external development loans and eleventh-hour releases by budget controllers. The development marked an anticlimax for the planning ministry's efforts to fully utilise the revised allocation of Rs1.1 trillion and the finance ministry's tactics to slow fund releases, including p…

16-Kilometer Motorway Set to Be Built from Lahore to Raiwind

A recent Senate committee meeting took an unexpected turn when members found out that a new motorway planned between Lahore and Raiwind would cover only 16 kilometers. This surprising detail came up during a Planning and Development meeting chaired by Senator Quratulain Marri. Officials explained that this short stretch of motorway is part of the Public Sector Development Programme (PSDP). The news did not sit well with Senator Marri, who questi…

Govt spends record Rs1.046tr under PSDP in FY25: Ahsan Iqbal

The federal government utilized a record Rs1.046 trillion under the Public Sector Development Programme (PSDP)...