Latest news with #FederalPSDP
Express Tribune
14-06-2025
- Business
- Express Tribune
CM presents over Rs1tr ADP for 2025-26
Sindh Chief Minister Syed Murad Ali Shah, while unveiling the annual budget in the assembly, presented the Annual Development Programme (ADP) for the fiscal year 2025-26 with a total outlay of Rs1.018 trillion. The ADP is set at Rs520 billion, complemented by District ADP Rs55 billion, Foreign Project Assistance (FPA) Rs366.72 billion, and Federal PSDP grants Rs76.28 billion. The ADP and the development portfolio focus on the rehabilitation of flood-damaged schools and infrastructure to enhance education access, upgradation of healthcare facilities, promotion of climate-resilient agriculture and irrigation system restoration, provision of clean drinking water and sanitation to improve public health, strengthening road connectivity and urban infrastructure including mass transit and Safe City projects in Karachi, implementation of green energy initiatives and renewable energy projects, poverty alleviation through nutrition support, community infrastructure, and low-cost housing. Ongoing and New Schemes The ADP includes 3,642 schemes with Rs400.5 billion allocated - 82.6 per cent for 3,161 ongoing projects and 17.4 per cent for 481 new initiatives. Special development initiatives have been allocated Rs119.5 billion. Sector-wise Allocations Education Rs102.8 billion; health: Rs45.4 billion; irrigation: Rs84 billion; local government: Rs132 billion; works & services: Rs143 billion; energy (including Thar Coal and renewable): Rs36.3 billion; agriculture, livestock, fisheries: Rs22.5 billion; transport & mass transit: Rs59.7 billion. Development Strategy The government emphasises completing ongoing projects by allocating 80 per cent of the budget to them, while 20 per cent is reserved for new schemes. Special priority is given to rehabilitation of flood-hit areas, energy initiatives, Karachi city projects, and sustainable development goals like clean water and sanitation. Implementation and Monitoring The Planning & Development Depart-ment will fast-track approval of SDG-related projects, with strict financial release strategies to ensure timely completion. The government also plans to extend the plan period of schemes expiring in June 2025 by one year to maintain continuity. Review of 2024-25 Performance The outgoing year saw the completion of 1,460 schemes, the highest in recent years, with significant progress in housing for flood-affected people - over 400,000 houses completed and more under construction. The total development expenditure reached Rs468 billion, with 73 per cent utilisation of released funds. This comprehensive ADP reflects Sindh's commitment to sustainable development, infrastructure enhancement, and social welfare, aiming to boost economic growth and improve quality of life across the province.
Business Recorder
10-06-2025
- Business
- Business Recorder
Budget 2025–26: PSDP set at Rs1 trillion with focus on infrastructure, social development
Under the federal budget for FY2025–26, the government has allocated Rs4.224 trillion for the Public Sector Development Programme (PSDP), reflecting a continued focus on infrastructure expansion and social development. According to official documents, the Federal PSDP will receive Rs1,000 billion, while Rs2,869 billion has been allocated to provincial Annual Development Plans (ADPs). Additionally, Rs255 billion will be provided to state-owned enterprises (SOEs) for development projects. Officials stated that 60 per cent of the Federal PSDP will be allocated to core infrastructure projects, including roads, railways, and connectivity corridors. In contrast, provincial governments will spend the bulk of their development budgets on education, health, water, and other social sector initiatives. 'This distribution is a direct outcome of the devolution of powers under the 18th Constitutional Amendment,' a Planning Commission official said. Key projects Major projects under the Federal PSDP include: Karachi–Chaman N-25 Motorway (813 km): This strategic highway will link Karachi to Afghanistan via Khuzdar, Kalat, Quetta, and Chaman. Hyderabad–Sukkur Motorway: Rs15 billion has been allocated for this vital section of the north-south trade route. Thar Coal Rail Connectivity Project: Rs7 billion will support rail infrastructure for transporting lignite coal. Gidani Shipbreaking Yard Upgradation: Rs1.9 billion is set aside for modernisation and environmental improvements in the maritime sector. The development plan aligns with the government's '5Es' framework and the broader 'Uraan Pakistan' vision, aiming to achieve key Sustainable Development Goals (SDGs) through targeted investments in economic and social infrastructure.
