{"id":86383,"date":"2022-06-03T12:03:18","date_gmt":"2022-06-03T07:03:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86383"},"modified":"2022-06-03T12:03:42","modified_gmt":"2022-06-03T07:03:42","slug":"govt-allocate-pkr-700-bn-psdp-fy23","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-allocate-pkr-700-bn-psdp-fy23.html","title":{"rendered":"Govt to allocate PKR 700 bn for PSDP in FY23: Ahsan Iqbal"},"content":{"rendered":"\n<p>\u00a0Islamabad: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said on Thursday (June 2) that the government will allocate PKR 700 billion for the Public Sector Development Program (PSDP) in the fiscal year 2022\u201323 (FY23), news sources reported. He said that, in total, 44% of PSDP projects are provincial projects and the remaining 46% are federal projects.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/federal-27-dams-balochistan-psdp.html\" data-type=\"post\" data-id=\"85124\" target=\"_blank\" rel=\"noreferrer noopener\">Federal govt completes 27 small dams in Balochistan under PSDP<\/a><\/p>\n\n\n\n<p>The minister stated that the government&#8217;s major PSDP  priorities of FY23 will be to increase spending on youth, developing infrastructure, and water scarcity. Furthermore, he stated that the government will generate an additional PKR 200 billion for PSDP through <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/tram-lahore-public-private-partnership.html\" data-type=\"post\" data-id=\"83315\" target=\"_blank\">public-private partnerships (PPP) <\/a>in order to fund further development projects.<\/p>\n\n\n\n<p>In addition to the nine economic zones under CPEC, he said that the government will include the Hattar Special Economic Zone project in the CPEC project once again.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cpec-jwg-review-progress-sezs.html\" data-type=\"post\" data-id=\"85243\" target=\"_blank\" rel=\"noreferrer noopener\">CPEC JWG: Pak, China review progress of SEZs<\/a><\/p>\n\n\n\n<p>It is important to mention here that the government has reduced the development budget amid economic stress and increasing inflation and the global market changes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Islamabad: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said on Thursday (June 2) that the government will allocate PKR 700 billion for the Public Sector Development Program (PSDP) in the fiscal year 2022\u201323 (FY23), news sources reported. He said that, in total, 44% of PSDP projects are provincial projects and the remaining 46% are federal projects.\u00a0\u00a0 Read: Federal govt completes 27 small dams in Balochistan under PSDP The minister stated that the government&#8217;s major PSDP priorities of FY23 will be to increase spending on youth, developing infrastructure, and water scarcity. Furthermore, he stated that the government will generate an additional PKR 200 billion for PSDP through public-private partnerships (PPP) in order to fund further development projects. In addition to the nine economic zones under CPEC, he said that the government will include the Hattar Special Economic Zone project in the CPEC project once again.\u00a0 Read: CPEC JWG: Pak, China review progress of SEZs It is important to mention here that the government has reduced the development budget amid economic stress and increasing inflation and the global market changes.<\/p>\n","protected":false},"author":84,"featured_media":76995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[52562,52563,22758],"persona":[],"class_list":{"0":"post-86383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-govt-to-allocate-pkr-700-bn-for-psdp-in-fy23-ahsan-iqbal","9":"tag-psdp-2022-23","10":"tag-public-sector-development-programme-psdp","11":"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>Govt to allocate PKR 700 bn for PSDP in FY23- Zameen News<\/title>\n<meta name=\"description\" content=\"The the government will allocate PKR 700 billion for the Public Sector Development Program (PSDP) in the fiscal year 2022\u201323 (FY23),\" \/>\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\/govt-allocate-pkr-700-bn-psdp-fy23.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to allocate PKR 700 bn for PSDP in FY23- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The the government will allocate PKR 700 billion for the Public Sector Development Program (PSDP) in the fiscal year 2022\u201323 (FY23),\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-allocate-pkr-700-bn-psdp-fy23.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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