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Public-Sector Development Programme (PSDP)

Govt releases Rs63.55bn for uplift projects under PSDP

ISLAMABAD: Almost Rs 63.557 billion have been released by the government under Public Sector Development Programme (PSDP) for the year 2018-19 for different present projects and new ventures against the allotment of Rs 675 billion. According to a most recent data revealed by Ministry of Planning, Development and Reform stated that, the funds released consist of Rs 37.3 billion for federal ministries and Rs 12.8 billion for special areas. From these allotments, Rs 2.78 billion are under Communication Division (other…

Augment in budget allotment by 98% to strengthen IT segment

ISLAMABAD:¬†Pakistan's government has assigned an amount of Rs3046.325 million in favor of six developing projects and new ventures under Information Technology and Telecommunication Division for FY 2018-2019 in the Public-Sector Development Programme (PSDP). The financial amount intended for an enlargement ¬†project of Information Technology and Telecommunication for the year 2017-2018 was Rs1538 million. According to sources, it is stated that the budget augmentation by almost 98% than previous year is mainly for the…