26th February, 2013
Fata University remains elusive
The newly appointed vice-chancellor of Fata University, which is yet to take material shape, has a Herculean task at hand since he is facing a host of problems.
15th September, 2012
Government releases Rs.40bn for PSDP projects by government
Rs.40.10bn released by the government will be allocated towards social, infrastructural and Earthquake Reconstruction and Rehabilitation Authority.
12th June, 2012
Rs577.98bn budget for Sindh
The Sindh government unveiled its budget for the next financial year with a total outlay of Rs577.98 billion against estimated receipts of Rs570.82 billion.
25th May, 2012
NEC approves Rs873bn annual development plan
The National Economic Council has increased the allocation for next year’s Public Sector Development Programme to Rs873 billion.
2nd April, 2012
Rs144bn released for PSDP in nine months
ISLAMABAD, April 1: The government has released about Rs144 billion for the Public Sector Development Programme (PSDP) during the first nine months (July-March) of the current financial year, accounting for 48 per cent of the total annual allocation of Rs300 billion.
20th February, 2012
Major economic targets to be lowered
The government is working on a plan to lower major economic targets for next financial year because of economic difficulties and transfer the responsibility of financing social sector projects to the provincial governments from the Public Sector Development Programme (PSDP).
18th January, 2012
Rs11bn released for KP projects
ISLAMABAD, Jan 17: The federal government has released Rs11 billion for development projects in Khyber Pakhtunkhwa during the first six months of the current fiscal year from an allocation of Rs24 billion made
11th November, 2011
82pc of PSDP allocations not utilised by provinces in eight years
ISLAMABAD, Nov 10: The federal government has reported non-utilisation by the four provinces of about 82 per cent of the allocation under Public Sector
16th October, 2011
Govt releases Rs46.6bn under PSDP in July-Sept
ISLAMABAD: Despite financial constraints the federal government has been making fund releases on regular basis for its vital water and power initiatives under the Public…
6th September, 2011
Govt adopts tight cash release policy to contain fiscal deficit
ISLAMABAD: The government has released Rs30 billion in the first two months (July and August) of the current fiscal year, which is about 10 per…
2nd September, 2011
Public Sector Development Projects Report launched
ISLAMABAD: The Planning Commission of Pakistan (PCP) has launched   Public Sector Development Projects Report highlighting the completion of 167 development projects costing Rs. 95,294.12 million.…
1st August, 2011
Energising Thar coal gasification project
A MAJOR development on the Thar coal front this month has been the approval of an enhanced allocation of Rs900 million to Dr Samar Mubarakmand’s…
29th July, 2011
Cuts in PSDP led to power, water crises: govt
ISLAMABAD: The government has conceded playing a key role in prolonging economic recession in the country by repeatedly cutting down the Public Sector Development Programme…
12th April, 2011
Govt completed 5814 development schemes in last three years
ISLAMABAD: The government has completed 5814 development schemes costing Rs.20,419 million across the country during the last three years under Peoples Works Programme (PWP) while…
11th April, 2011
Militancy cripples cities’ ability to radiate growth
The obsolete mode of development has become a hurdle in exploiting the cities’ potential of economic growth in Khyber Pakhtunkhwa. World-wide, cities are considered engines…
15th March, 2011
805 uplift projects come to a halt
ISLAMABAD: More than 805 development projects of the current year’s development programme, mostly in the road construction, education and power sectors, have come to a…
7th February, 2011
A wake-up call
REPORTING to parliament the major violations of the Fiscal Responsibility and Debt Limitation Act 2005 during the last three years, the ministry of finance has…
7th January, 2011
Broad support for economic steps sought
ISLAMABAD: With a Rs5 billion additional fiscal burden arising out of the withdrawal of the recent increase in oil prices, the government on Thursday pulled…
24th November, 2010
Pakistan slashes development to meet IMF targets
KARACHI: Pakistan is cutting its development spending by almost half, squeezed by worsening economic conditions and International Monetary Fund demands, government sources say, imperilling growth…