PM Shehbaz rejects Rs1.126tr PSDP allocation, directs Rs200bn increase
- 02-Jun-2026
ISLAMABAD: Prime Minister Shehbaz Sharif has termed the proposed Rs1.126 trillion allocation for the federal Public Sector Development Programme (PSDP) insufficient and directed authorities to increase it by Rs200 billion, sources said on Tuesday. The directive came after Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal announced on Monday that the Ministry of […]
Pakistan cuts PSDP by Rs 300 bln to meet IMF demand
- 14-Feb-2025
ISLAMABAD: Pakistan has fulfilled another condition set by the International Monetary Fund (IMF) by slashing the Public Sector Development Program (PSDP) by Rs. 300 billion, ARY News reported. As per details, the Planning Commission approved new development projects and issued a scorecard that will limit the PSDP for the next fiscal year. The PSDP will […]
Centre allocates Rs78bln for Sindh development projects
- 02-Sep-2024
ISLAMABAD: The federal government has allocated Rs 78 billion for various development projects in Sindh under the Public Sector Development Programme (PSDP) for the current financial year, ARY News reported. According to the PSDP document, Rs 1.14 billion has already been released for different projects in the first two months of the current financial year. […]
Ahsan Iqbal ‘stunned’ over no consultation on development budget
- 03-Jun-2024
ISLAMABAD: Federal Minister for Planning and Development, Ahsan Iqbal, has expressed his reservations over the approval of the development budget and annual plan without his consultation, ARY News reported citing sources. According to sources, the deputy chairman of the Planning Commission, Jahanzeb Khan, did not consult Ahsan Iqbal before approving the PSDP worth Rs 1221 […]
‘IMF asks Pakistan for transparency in PSDP projects’
- 19-Feb-2024
ISLAMABAD: Raising ‘concerns’ on the Public Sector Development Programme (PSDP), the International Monetary Fund (IMF) has asked Pakistan for transparency in the projects, ARY News reported on Monday, quoting well-placed sources. The IMF has raised concerns on the report shared by Pakistan regarding PSDP projects by saying the complete details of investment are missing. The […]
Over Rs20b disbursed for parliamentarians’ uplift schemes
- 17-Jul-2023
ISLAMABAD: The federal government has disbursed more than Rs20 billion funds for the uplift schemes of the parliamentarians, ARY News reported on Monday. The federal government has started the disbursement of Rs61 billion to the parliamentarians in instalments for the uplift schemes. Over Rs20 billion has been disbursed to the Members of the National Assembly […]
Budget 2023-24: Rs1,150b allocated for federal PSDP
- 10-Jun-2023
The allocation worth Rs1,150 billion was made for the federal Public Sector Development Programme (PSDP), which is the highest ever in terms of its size. The PSDP has mainly been aligned with the development framework of five Es i.e exports, equity, empowerment, environment, and energy as well as reconstruction and rehabilitation of flood-affected areas to […]
Over Rs373.91 billion spent under PSDP in FY22-23
- 24-May-2023
ISLAMABAD: Federal government released over Rs609 billion out of which Rs373.91 billion were spent under the Public Sector Development Programme (PSDP) during the first 10 months of the current fiscal year, a document released by the Ministry of Planning, Development and Special Initiatives. The document further stated that over Rs85.29 billion were spent on the […]
Govt releases Rs129bn for development projects under PSDP
- 16-Apr-2023
ISLAMABAD: Despite financial constraints and disruptions caused by super floods last year, the government has released Rs 129 billion for development projects under Public Sector Development Programme (PSDP) for the fourth quarter of (2022-23). The Water Resource Division and Higher Education Commission (HEC) have been given top priority in the PSDP. In the last quarter […]
Sherry Rehman seeks Senate debate over Sindh’s PSDP share
- 09-Jun-2021
Senator Sherry Rehman has said that despite Sindh expressed its reservations over the allocations the NEC approved the projects downgrading Sindh's development share.