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Government increases minimum wage, hikes allocation for Public Sector Development Program in shift from economic stabilization

Aimed at enhancing countries resilience against environmental degradation with maximum funding for its flagship project of Ten Billion Tree Tsunami Plantation

He National History and Literary Heritage Division has allocated Rs125.926 million for the up-gradation

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. ALSO READ Flanked by the Chairman of the CPEC Authority, Asim Saleem Bajwa, during his briefing regarding the allocations for the Public Sector D...

Top Story June 5, 2021 ISLAMABAD: The utilization of development funds at provincial levels remained dismally poor and the provinces have been left with no other option but to slash down development outlays from Rs950 billion to Rs867 billion for the outgoing fiscal year 2020-21. Official documents showed that so far, the utilization of funds under the Public Sector Development Program (PSDP) at federal level also remained pathetic as it stood at just Rs421 billion as of June 1, 2021 against the total allocation of Rs650 billion for the outgoing fiscal year ending on June 30, 2021. The Mini...