{"id":64894,"date":"2020-04-30T10:00:02","date_gmt":"2020-04-30T05:00:02","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64894"},"modified":"2020-04-30T10:09:28","modified_gmt":"2020-04-30T05:09:28","slug":"psdp-have-pkr-600bn-budget-allocations-next-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/psdp-have-pkr-600bn-budget-allocations-next-fiscal-year.html","title":{"rendered":"PSDP to have PKR 600bn in budget allocations for next fiscal year"},"content":{"rendered":"\n<p>Islamabad: The government is expected to allocate PKR 600 billion for the Public Sector Development Programme (PSDP) in the upcoming budget session, a news source reported. The executive has yet to reach a final decision on the matter since the country is still dealing with the COVID-19 lockdown.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-shares-details-funds-issued-psdp-projects-fy2019-20.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt shares details of funds issued for PSDP projects in FY2019-20<\/a><\/p>\n\n\n\n<p>According to details, the budget will include PKR 530 billion for core projects being executed under PSDP, while the finance ministry will administer the remaining PKR 70 billion.<\/p>\n\n\n\n<p>Due the coronavirus and its impact on the economy, the PSDP budget for Fiscal Year 2020-21 will be PKR 101 billion (14.4% less than the budget allocations made for Fiscal Year 2019-20). However, the actual spending in FY 2019-20 has just been PKR 525 billion due to the lockdown. Similarly it is expected that the economic activities will remain relatively slow during the first quarter of FY 2020-21, which will limit the spending by government.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-grants-pkr-7-109-bn-finance-division-under-psdp-2019-20.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt grants PKR 7.109 bn for Finance Division under PSDP 2019-20<\/a><\/p>\n\n\n\n<p>The International Monetary Fund (IMF) has also projected PKR 588 billion for next fiscal year\u2019s PSDP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government is expected to allocate PKR 600 billion for the Public Sector Development Programme (PSDP) in the upcoming budget session, a news source reported. The executive has yet to reach a final decision on the matter since the country is still dealing with the COVID-19 lockdown. Read: Govt shares details of funds issued for PSDP projects in FY2019-20 According to details, the budget will include PKR 530 billion for core projects being executed under PSDP, while the finance ministry will administer the remaining PKR 70 billion. Due the coronavirus and its impact on the economy, the PSDP budget for Fiscal Year 2020-21 will be PKR 101 billion (14.4% less than the budget allocations made for Fiscal Year 2019-20). However, the actual spending in FY 2019-20 has just been PKR 525 billion due to the lockdown. Similarly it is expected that the economic activities will remain relatively slow during the first quarter of FY 2020-21, which will limit the spending by government. Read: Govt grants PKR 7.109 bn for Finance Division under PSDP 2019-20 The International Monetary Fund (IMF) has also projected PKR 588 billion for next fiscal year\u2019s PSDP.<\/p>\n","protected":false},"author":57,"featured_media":63188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[27718],"persona":[],"class_list":{"0":"post-64894","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-psdp-to-have-pkr-600bn-in-budget-allocations-for-next-fiscal-year","9":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PSDP to have PKR 600bn for next fiscal - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government is expected to allocate PKR 600 billion for the Public Sector Development Programme (PSDP) in the upcoming budget session.\" \/>\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\/psdp-have-pkr-600bn-budget-allocations-next-fiscal-year.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PSDP to have PKR 600bn for next fiscal - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government is expected to allocate PKR 600 billion for the Public Sector Development Programme (PSDP) in the upcoming budget session.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/psdp-have-pkr-600bn-budget-allocations-next-fiscal-year.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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