Socio-Economic: PSDP to get Rs350b in fiscal 2012

Planning Commission working on new economic growth strategy, set to focus on bringing efficiency.

ISLAMABAD: Planning Commission Deputy Chairman Dr Nadeemul Haq said on Thursday that Rs350 billion would be allocated for the Public Sector Development Programme (PSDP) 2011-12 for socio-economic development in the country.

Haq said that proper management and appropriate utilisation of resources could lead to sustainable economic growth. “If we manage our assets properly, the economy will perform well,” he said. He added that the Planning Commission was working on a new economic growth strategy, core of which lies in bringing efficiency in the management and changing overall mindset regarding growth. “Efficiency and productivity will be the focus of the new growth strategy,” he stated.



Published in The Express Tribune, April 29^th, 2011.