GNN Ads
ISLAMABAD: The government allocation for Public Sector Development Programme (PSDP) is likely to be set at Rs1.175 trillion in the upcoming budget.
The Annual Plan Coordination Committee, which will meet under the chairmanship of Ahsan Iqbal, is set to approve the PSDP for the fiscal year 2014-15.
The meeting is expected to approve Rs525 billion for the federal projects and Rs650 billion for the provinces under the PSDP.
Out of the allocation for federal projects, 70 percent will be spent on infrastructure development and 25 percent on social sector development.
The PSDP will be presented for final approval before the Economic Coordination Committee (ECC) which is scheduled to meet under the Prime Minister on May 29.
The meeting is expected to approve Rs525 billion for the federal projects and Rs650 billion for the provinces under the PSDP.
Out of the allocation for federal projects, 70 percent will be spent on infrastructure development and 25 percent on social sector development.
The PSDP will be presented for final approval before the Economic Coordination Committee (ECC) which is scheduled to meet under the Prime Minister on May 29.
