{"id":51233,"date":"2019-04-11T15:20:13","date_gmt":"2019-04-11T10:20:13","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=51233"},"modified":"2019-04-11T15:20:13","modified_gmt":"2019-04-11T10:20:13","slug":"planning-ministry-wants-govt-to-increase-psdp-funds-allocation","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/planning-ministry-wants-govt-to-increase-psdp-funds-allocation.html","title":{"rendered":"Planning Ministry wants govt to increase PSDP funds allocation"},"content":{"rendered":"<p>Islamabad: The Ministry of Planning, Development and Reform wants the government to increase the amount allocated for the Public Sector Development Programme (PSDP) in the upcoming budget, a news source reported.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/ministrys-budgetary-proposal-for-psdp-approved.html\">Ministry\u2019s budgetary proposal for PSDP approved<\/a><\/p>\n<p>Previously, the Ministry of Finance had proposed to allocate PSDP funds worth PKR 675 billion. The ministry, however, now wants the government to increase the overall development outlay to PKR 1,000 billion for FY 2019-20.<\/p>\n<p>According to an official source, the planning ministry will request the government to sanction the release of funds worth PKR 750 billion through the national exchequer. Also, the remaining funds &#8211; worth PKR 250 billion &#8211; will be secured on a public-private partnership basis.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/upcoming-psdp-to-prioritise-less-developed-areas.html\" target=\"_blank\" rel=\"noopener noreferrer\">Upcoming PSDP to prioritise less-developed areas<\/a><\/p>\n<p>The Planning Commission does have the authority to sanction the release of PSDP funds, but it is the Finance Ministry that disburses the amount to the departments concerned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Ministry of Planning, Development and Reform wants the government to increase the amount allocated for the Public Sector Development Programme (PSDP) in the upcoming budget, a news source reported. Read: Ministry\u2019s budgetary proposal for PSDP approved Previously, the Ministry of Finance had proposed to allocate PSDP funds worth PKR 675 billion. The ministry, however, now wants the government to increase the overall development outlay to PKR 1,000 billion for FY 2019-20. According to an official source, the planning ministry will request the government to sanction the release of funds worth PKR 750 billion through the national exchequer. Also, the remaining funds &#8211; worth PKR 250 billion &#8211; will be secured on a public-private partnership basis. Read:\u00a0Upcoming PSDP to prioritise less-developed areas The Planning Commission does have the authority to sanction the release of PSDP funds, but it is the Finance Ministry that disburses the amount to the departments concerned.<\/p>\n","protected":false},"author":67,"featured_media":44502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11260],"persona":[],"class_list":{"0":"post-51233","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-planning-ministry-wants-govt-to-increase-psdp-funds-allocation"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Planning Ministry wants govt to increase PSDP funds allocation - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Ministry of Planning, Development and Reform wants the government to increase the amount allocated for the Public Sector Development\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/planning-ministry-wants-govt-to-increase-psdp-funds-allocation.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Planning Ministry wants govt to increase PSDP funds allocation - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Ministry of Planning, Development and Reform wants the government to increase the amount allocated for the Public Sector Development\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/planning-ministry-wants-govt-to-increase-psdp-funds-allocation.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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