• Download the Constitution of Pakistan
  • Advertise
Tuesday, July 22, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Main

Federal Budget: Govt allocates record Rs1400 bln for PSDP

by Web Desk
June 12, 2024
in Main
Reading Time: 1 min read
0
Federal Budget: Govt allocates record Rs1400 bln for PSDP
Share on FacebookShare on TwitterLinkedinWhatsapp

Presenting the budgetary proposals in the National Assembly, Muhammad Aurangzeb said 1400 billion rupees have been earmarked for the PSDP.

An additional one hundred billion rupees have been allocated through public-private partnership. He said the development budget will be at the historic level of 1500 billion rupees. He added that 2122 billion rupees will be provided for defence requirement.

The Finance Minister said that 839 billion rupees have been reserved for the expenditure of civil administration, while 1,014 billion rupees have been set aside for pension expenditure and 1,363 billion rupees have allocated as subsidy on electricity, gas and other sectors.

Muhammad Aurangzeb said grants worth 1,777 billion rupees have been earmarked for Benazir Income Support Programme, AJK, Gilgit-Baltistan, merged districts, Higher Education Commission, Pakistan Railways and IT sector.

The Finance Minister said the major volume of development budget manifests the government’s resolve to develop infrastructure, transportation, energy and IT sectors as well as address the challenges in the management of water resources.

Web Desk

Web Desk

Related Posts

Pakistan, Russia sign Protocol to restore & modernize PSM

Pakistan, Russia sign Protocol to restore & modernize PSM

by News Publishing
July 11, 2025
0

Pakistan and Russia have signed a Protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their long-standing...

PSX soars to new high of over 133,000 points in intraday trade

PSX soars to new high of over 133,000 points in intraday trade

by News Publishing
July 7, 2025
0

July 8, 2025: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend on Monday, as the KSE-100 index surged...

Pakistan, Azerbaijan sign $2billion investment agreement

Pakistan, Azerbaijan sign $2billion investment agreement

by News Publishing
July 5, 2025
0

Pakistan and Azerbaijan have signed an agreement for investment worth two billion dollars in diverse sectors of Pakistan's economy. The...

Petrol price increased by Rs8.36 per litre for next fortnight

Petrol price increased by Rs8.36 per litre for next fortnight

by News Publishing
July 1, 2025
0

The Finance Division has announced a significant increase in fuel prices, citing volatility in global crude oil markets. Effective from...

Petrol increase

Petrol Prices Likely to Rise by Rs5/Litre from July 1

by Anum Arif
June 30, 2025
0

ISLAMABAD: Prices of petroleum products in Pakistan are likely to rise by up to Rs5 per litre starting Monday, July...

Pakistan welcomes supplemental award by Court of Arbitration in Indus Waters matter

Pakistan welcomes supplemental award by Court of Arbitration in Indus Waters matter

by News Publishing
June 28, 2025
0

Pakistan has welcomed the Supplemental Award issued by the Court of Arbitration in the ongoing Indus Waters Treaty dispute, affirming...

Next Post
BISP

Federal Budget: BISP funding increased by 27%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters