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Rs 2.2 trillion allocated for development projects in Pakistan: Asad Umar

Rs 2.2 trillion allocated for development projects in Pakistan: Asad Umar

Federal Minister for Planning, Development and Special Initiatives Asad Umar has announced that Rs 2,201 billion has been approved for the development program for the next financial year.

As reported by Pakistan Today, Asad Umar was giving a media briefing on Tuesday regarding the amount allocated for Public Sector Development Program (PSDP), in which he said that PS for the financial year 2021 DP allocation has been increased by more than 36% -22.

He elaborated that 56 per cent of the total estimate has been allocated for energy and transport projects, while 10 per cent has been allocated for the water sector. “The nation cannot be united by tanks and guns,” he said. He added that in order to unite the nation, it needs equal development in all fields.

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The Federal Minister said that five per cent of the budget has been allocated for Science and Technology and Information Technology (IT). The Rs. 240 billion projects will be completed through public-private partnership. Sialkot in these projects. Kharian and Sukkur-Hyderabad Motorways, while according to Omar, the Karachi Circular Railway (KCR) project will also be completed through private partnership.

He further said that Rs 85 billion has been allocated in the new budget for irrigating 300,000 acres of land for three big dams. The federal government will spend Rs 100 billion in the next financial year to improve the power distribution system.

He said that the Center has doubled the funds for higher education in the last two years. In the financial year 2021-22, Rs 14 billion will be allocated for planting 10 billion trees across the country.

Asad Umar said that Rs. 454 billion has been allocated for the development of newly merged districts of the former FATA while Rs. 87 billion has been allocated for China-Pakistan Economic Corridor (CPEC) projects.
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has announced that an allocation of Rs 2,201 billion has been approved for the development program for the next financial year.

Asad Umar while holding a media briefing on the amount allocated for the Public Sector Development Program on Tuesday said that the volume of PSDP allocation has been increased to more than 36% in the financial year 2021-22.

He elaborated that 56 per cent of the total estimate has been allocated for energy and transport projects, while 10 per cent has been allocated for the water sector. “The nation cannot be united by tanks and guns,” he said. He added that in order to unite the nation, it needs equal development in all fields.

The Federal Minister said that five per cent of the budget would be allocated for science and technology and information technology (IT). Projects worth Rs. 240 billion have been approved which will be completed in collaboration with the public and private sectors. Omar said that Sialkot is one of these projects. Kharian and Sukkur-Hyderabad motorways, while the Karachi Circular Railway (KCR) project will also be completed through a private partnership.

He said that Rs 85 billion has been allocated in the new budget for irrigating 300,000 acres of land for three big dams. The federal government will spend Rs 100 billion in the next financial year to improve the power distribution system. He said that the Center has doubled the funds for higher education in the last two years. In the financial year 2021-22, Rs 14 billion will be allocated for planting 10 billion trees across the country.

Asad Umar further said that Rs 454 billion has been allocated for the development of the newly merged districts of the former FATA, while Rs 87 billion has been allocated for the China-Pakistan Economic Corridor (CPEC) projects.

Rejecting Sindh Chief Minister Murad Ali Shah’s reservations, Asad Umar said the Center was spending “billions of rupees” on various projects in the province. “The center works not for its government but for the welfare of the people of Sindh,” he said.

Reacting to Chief Minister Murad’s objections, Omar said that no province, including Sindh, could give orders to the Center on the federal development budget.

“It is up to the federal government to spend money on projects of its choice. However, we take input from the provinces,” he said. “But they cannot order the federal government.”

The minister said that the federal government was even taking care of the construction of landfills, streets and drains in Sindh. “It is not our job and it is the duty of the provincial government,” he remarked.

Omar said the federal government was also working on water projects worth billions of rupees in Sindh to address the chronic problem.

He said that Sindh government has not constructed an inch motorway in the province. All the motorways have been developed by the federal government in partnership with the people’s government.

The Sindh chief minister had last week expressed his concerns over the revolution
G-Budget, saying that since the PTI-led government came to power, it has been “biased” towards the province. Reported By