{"id":85063,"date":"2022-04-02T10:43:00","date_gmt":"2022-04-02T05:43:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=85063"},"modified":"2022-04-01T15:45:15","modified_gmt":"2022-04-01T10:45:15","slug":"cda-surplus-budget-fy22-23","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-surplus-budget-fy22-23.html","title":{"rendered":"CDA expected to present surplus budget for FY 2022-23"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) is likely to announce a development budget of PKR 308 billion in the fiscal year (FY) 2022-23, news sources reported on April 1. For the first time, the CDA is going to present a surplus budget for development.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/islamabad-50-parks-2021-cda.html\" data-type=\"post\" data-id=\"85026\" target=\"_blank\" rel=\"noreferrer noopener\">Islamabad launched over 50 parks in 2021: CDA<\/a><\/p>\n\n\n\n<p>Reportedly, the budget will be submitted for approval at the next board meeting. It was also observed that the CDA has developed a budget that wouldn&#8217;t rely on the proceeds from the auction of its commercial plots in the city. The auctions have been proposed in the latest budget solely to maintain a constant supply of commercial space in the city.&nbsp;<\/p>\n\n\n\n<p>The CDA still has a PKR 68 billion surplus from the current budget year 2021-22. The current fiscal year is likewise noteworthy in terms of the authority&#8217;s highest ever expenditure of development funds.<a href=\"https:\/\/www.zameen.com\/news\/rs-23-billion-cda-budget-likely-on-june-29.html\" data-type=\"post\" data-id=\"2752\" target=\"_blank\" rel=\"noreferrer noopener\"> In FY 2021-22<\/a>, CDA made the highest investment in development, and the predicted goal is for around 80% development and 20% recurring.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-handovers-120-plots-affectees-e-12.html\" data-type=\"post\" data-id=\"84961\" target=\"_blank\" rel=\"noreferrer noopener\">CDA handovers 120 plots to affectees of Sector E-12<\/a><\/p>\n\n\n\n<p>&nbsp;In another development, the CDA&#8217;s Director General (DG) water management convened a public hearing to address residents&#8217; water concerns in order to make the CDA more citizen-centred. The e-kutchery was held on the official Facebook page of the authorities. It was said that individuals&#8217; issues will be addressed within 24 hours of filing complaints.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) is likely to announce a development budget of PKR 308 billion in the fiscal year (FY) 2022-23, news sources reported on April 1. For the first time, the CDA is going to present a surplus budget for development.\u00a0\u00a0 Read: Islamabad launched over 50 parks in 2021: CDA Reportedly, the budget will be submitted for approval at the next board meeting. It was also observed that the CDA has developed a budget that wouldn&#8217;t rely on the proceeds from the auction of its commercial plots in the city. The auctions have been proposed in the latest budget solely to maintain a constant supply of commercial space in the city.&nbsp; The CDA still has a PKR 68 billion surplus from the current budget year 2021-22. The current fiscal year is likewise noteworthy in terms of the authority&#8217;s highest ever expenditure of development funds. In FY 2021-22, CDA made the highest investment in development, and the predicted goal is for around 80% development and 20% recurring. Read: CDA handovers 120 plots to affectees of Sector E-12 &nbsp;In another development, the CDA&#8217;s Director General (DG) water management convened a public hearing to address residents&#8217; water concerns in order&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51784,51783],"persona":[],"class_list":{"0":"post-85063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-cda-budget-fy23","9":"tag-cda-expected-to-present-surplus-budget-for-fy-2022-23","10":"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>CDA expected to present surplus budget for FY 2022-23 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Capital Development Authority (CDA) is likely to announce a development budget of PKR 308 billion in the fiscal year (FY) 2022-23, news\" \/>\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\/cda-surplus-budget-fy22-23.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA expected to present surplus budget for FY 2022-23 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Capital Development Authority (CDA) is likely to announce a development budget of PKR 308 billion in the fiscal year (FY) 2022-23, news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-surplus-budget-fy22-23.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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