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Federal PSDP Utilization Highest Since 2011-12

Government spends more than allocation of PKR 650 billion

admin-augaf by admin-augaf
July 27, 2021
in Business, Finance, National
Reading Time: 1 min read
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Federal PSDP Utilization Highest Since 2011-12

Government spends more than allocation of PKR 650 billion

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Islamabad July 27 2021: Total PSDP spending in fiscal year 2020-21 was PKR 659 billion vs a target of PKR 650 billion or 101.4%.

This is the highest development funds utilization since 2011-12. In a year of covid restrictions, this exceptionally high development spending reflects resolve of PMIK to accelerate growth.

Asad Umar, Minister of Planning and Development

A L S O || R E A D

IFC To Invest USD 15 Million In Engro Polymer And Chemical



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Tags: BUSINESSFederal Minister for Finance and RevenuefinanceMinistry of Planning Development and Special InitiativesPakistan
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