{"id":80511,"date":"2021-10-12T15:24:32","date_gmt":"2021-10-12T10:24:32","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80511"},"modified":"2021-10-12T15:24:36","modified_gmt":"2021-10-12T10:24:36","slug":"punjab-pkr-221-bn-development-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-pkr-221-bn-development-projects.html","title":{"rendered":"Punjab release PKR 221 bn for development projects"},"content":{"rendered":"\n<p>Lahore:\u00a0 The Punjab Finance Department on Monday (October 11) released PKR 221 billion for various development projects scheduled for the first quarter of the fiscal year (FY-2021-22) in the province, news sources reported. The released funds are PKR 86 billion higher than the amount released in the first quarter of the last fiscal year of 2020-21.<\/p>\n\n\n\n<p><strong>Read:<\/strong>\u00a0\u00a0<a href=\"https:\/\/www.zameen.com\/news\/punjab-pdwp-approves-10-road-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab PDWP approves funds for 10 road projects<\/a><\/p>\n\n\n\n<p>According to Punjab Finance Secretary Iftikhar Ali Sahoo, the funds were granted following a thorough review of the projects in conjunction with the <a href=\"https:\/\/www.zameen.com\/news\/pd-board-launches-website-to-give-citizens-updates-on-development-activities.html\" data-type=\"post\" data-id=\"55472\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab Development Board (PDB)<\/a>. As of July 1, the government has disbursed 100% of the money for all current projects, totalling PKR 144 billion for the first quarter.\u00a0 Furthermore, the Punjab government has allotted PKR 560 billion for public sector development projects (PSDP) at the start of the fiscal year 2021-22, which is 66 % more than the money authorised for the previous fiscal year. <\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gcci-link-gujrat-motorway.html\" target=\"_blank\" rel=\"noreferrer noopener\">GCCI asks Punjab to link Gujrat with Sialkot-Lahore Motorway<\/a><\/p>\n\n\n\n<p>According to reports, the ongoing development projects approved for the public sector account for 63% of the overall <a href=\"https:\/\/www.zameen.com\/news\/punjab-allocates-pkr-337-bn-to-adp-projects.html\" data-type=\"post\" data-id=\"66704\" target=\"_blank\" rel=\"noreferrer noopener\">Annual Development Programme (ADP)<\/a> expenditure for FY 2021-22.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore:\u00a0 The Punjab Finance Department on Monday (October 11) released PKR 221 billion for various development projects scheduled for the first quarter of the fiscal year (FY-2021-22) in the province, news sources reported. The released funds are PKR 86 billion higher than the amount released in the first quarter of the last fiscal year of 2020-21. Read:\u00a0\u00a0Punjab PDWP approves funds for 10 road projects According to Punjab Finance Secretary Iftikhar Ali Sahoo, the funds were granted following a thorough review of the projects in conjunction with the Punjab Development Board (PDB). As of July 1, the government has disbursed 100% of the money for all current projects, totalling PKR 144 billion for the first quarter.\u00a0 Furthermore, the Punjab government has allotted PKR 560 billion for public sector development projects (PSDP) at the start of the fiscal year 2021-22, which is 66 % more than the money authorised for the previous fiscal year. Read: GCCI asks Punjab to link Gujrat with Sialkot-Lahore Motorway According to reports, the ongoing development projects approved for the public sector account for 63% of the overall Annual Development Programme (ADP) expenditure for FY 2021-22.\u00a0<\/p>\n","protected":false},"author":84,"featured_media":76191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[33213,48857,48858,48856],"persona":[],"class_list":{"0":"post-80511","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-annual-development-programme-adp","9":"tag-punjab-development","10":"tag-punjab-development-fund","11":"tag-punjab-release-pkr-221-bn-for-development-projects","12":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab release PKR 221 bn for development projects - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore:\u00a0 The Punjab Finance Department on Monday (October 11) released PKR 221 billion for various development projects scheduled for the first quarter of\" \/>\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\/punjab-pkr-221-bn-development-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab release PKR 221 bn for development projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore:\u00a0 The Punjab Finance Department on Monday (October 11) released PKR 221 billion for various development projects scheduled for the first quarter of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-pkr-221-bn-development-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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