Federal govt's funding snub delays 16 key projects in Sindh

No funds have yet been released for FY24-25 due to federal non-allocation


Our Correspondent June 29, 2024

KARACHI:

The federal government has failed to allocate funds in the current fiscal year for 16 ongoing projects in Sindh, leading to significant delays in their progress.

According to the Sindh Treasury Department, despite expectations of billions of rupees from the PSDP for the fiscal year 2023-24, no funds have been released due to federal non-allocation.

Details reveal that the federal government has not allocated funds for various projects, including the Karachi Industrial Estate revival, which allocated 2.5 billion rupees, the Rohri Gudu Beraaj M-5 Interchange project with a budget of 4 billion rupees, and the Tando Allahyar-Tando Adam Road project budgeted at 2 billion rupees.

Allocations of 4 billion rupees for the M-5 National Highway to Rani Pur and 3 billion rupees for a water filtration and sewage treatment plant were also expected but have not been disbursed.

Similarly, the federal government has not allocated 2 billion rupees for schools affected by floods, further delaying reconstruction efforts for these educational institutions.

Earlier this month, Sindh Chief Minister Syed Murad Ali Shah urged the government to consider Sindh as an integral part of Pakistan and to provide it with necessary development schemes.

Shah presented supplementary budget of Rs213.164 billion without facing any criticism from the opposition in the Sindh Assembly yesterday.

Asserting that the government is comitted to serve its people, Shah stated "We will complete most of the development schemes in the province during the next financial year. Karachi is also my city, and its development is important to us. We are trying to solve the city's water and other basic problems."

 

 

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