Rs574b development fund approved during last six months
Arrival of flood-related funds pledged by countries around the world will improve dollar supply in Pakistan and provide critical support to the rupee in coming days. photo: file
Planning and Development Board (P&D) Tuesday released the report of last six months related to on-going budget of Punjab government for various districts of the province.
A total of Rs574 billion development funds have been approved at provincial level during last six-month, out of which Rs467 billion has been released, while Rs248.63 billion has been spent on various development projects.
In addition, funds of Rs186.72 billion have been approved by P&D for South Punjab, and Rs76.34 billion have been spent on various development projects.
In the same way, in providing funds to various districts, Lahore was first with Rs49.06 billion, Multan is second with Rs31.31 billion, Faisalabad is at third with Rs29.65 billion, Gujarat was fourth with Rs28.13 billion, while Rawalpindi was at the fifth place with Rs15.76 billion.
Talking to media persons, the P&D Board chairman has expressed satisfaction over the utilisation of ongoing development funds.
He said to ensure quality work and proper utilisation of public funds, a strong quality control mechanism should be made by the administrative departments to implement the instructions of the chief minister of Punjab so as to achieve the vision of the chief minister.
Published in The Express Tribune, January 4th, 2023.