Planning Minister Ahsan Iqbal on Monday apprised the National Assembly that at present 101 PSDP projects, being sponsored and executed by various Federal Ministries/Departments were ongoing in Khyber Pakhtunkhwa (KP) with an estimated cost of Rs947.5 billion.
Responding to various questions during Question Hour, he said an expenditure reported on the said projects up to 30-06-2024 is at Rs304.8 billion. An amount of Rs52.4 billion has been allocated in PSDP of CFY 2024-25 for these projects, he added.
He said additionally, apart from ongoing projects, a total of 20 projects situated in Khyber-Pakhtunkhwa, with estimated cost of Rs17.9 billion, have been completed by various Federal Ministries/Departments over the past two years.
The minister said there was no specific share of provinces, including AJ&K and G-B, for investment in development projects by the federal government. After the 18 Amendment, the provinces got around 58.5 percent share while the Centre has only 42.5 percent share in the revenue, he added.
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