In capital, two new schemes to be funded in the new fiscal year

The Ministry of Climate Change has been earmarked to get Rs815 million for development in the fiscal year 2017-18

The Ministry of Climate Change has been earmarked to get Rs815 million for development in the fiscal year 2017-18. PHOTO: EXPRESS

ISLAMABAD:
The Ministry of Climate Change (MoCC) has been earmarked to get Rs815 million for development in the fiscal year (FY) 2017-18.

The Planning Commission has approved six schemes for MoCC.

Ongoing projects

According to budget documents, four of these schemes will be continuing from the outgoing fiscal year into the new year and Rs764 million have been allocated for these schemes in FY 2017-18.

The major chunk of the funds for MoCC have been earmarked for the revival of forestry resources in the country under GPP. A total of Rs605.172 million has been set aside for the project for FY 2017-18.

The project had been approved by Executive Committee of National Economic Council (ECNEC) in January 2017 and was estimated to cost Rs3.652 billion. The budget document reveals that till the end of the current fiscal year, the government is expected to have spent Rs553.498 million on it.

The second ongoing project is the establishment of a Geomatic Centre for climate change and sustainable development. The government has set aside Rs33.828 million for the project in the upcoming fiscal year. The project had been approved by Departmental Development Working Party (DDWP) in January 2013 and was estimated to cost around Rs48.885 million. Till the end of June this year, Rs15.057 million are expected to have been spent on this project.



The MoCC’s third ongoing project is the revival of wildlife resources in Pakistan, another component of GPP. The government has earmarked Rs100 million for this project in the upcoming fiscal year.


The project had been approved by Central Development Working Party (CDWP) in April 2017 and is estimated to cost the exchequer Rs738.861 million. Of this, the government has already spent some Rs6 million on the project during the ongoing fiscal year.

Similarly, the sustainable land management programme – which aims to combat desertification in the country – the government has allocated Rs25 million.

The project had been approved by CDWP in March 2015 and was estimated to cost Rs105.430 million to complete.  Till the end of the outgoing financial year, the government is expected to have spent Rs28.153 million on the project.

New schemes

For the two new schemes which would be funded in the fiscal year, the government has allocated Rs51 million. These projects include the construction of a boundary wall for the zoo-cum-botanical gardens and the Green Pakistan Programme (GPP) strengthening zoological survey of Pakistan – the programme would see an immediate inventory of all endangered wildlife species and habitats across Pakistan.

The government has earmarked Rs15 million in the new fiscal year for building  the wall in Islamabad, which is estimated to cost Rs90.052 million to complete.

Moreover, Rs36 million have been set aside for zoological survey which is estimated to cost Rs76.730 million to complete.

However, both projects have yet to be approved by the CDWP.

Published in The Express Tribune, May 27th, 2017.
Load Next Story