ahlam1399
05-14-2017, 02:17 PM
ISLAMABAD: Pakistan’s total development outlay, including federal and provincial, for next budget 2017-18 is all set to cross a psychological barrier of Rs2 trillion first time in the country’s history.
The national development budget has been proposed at Rs 2,012 billion, including Rs855 billion, for the federal government and Rs1,157 billion for all four provinces for the next financial year. The development outlay of provinces would be higher than the federal government, thanks to last National Finance Commission (NFC) Award under which the share of provinces in the federal divisible pool (FDP) went up in a major way.
Last year the national development outlay stood at Rs1,675 billion so this time it increased by Rs327 billion.
In the aftermath of 18 constitutional amendment and last NFC Award, the provinces financial share increased manifold but the question still remains relevant that how much the federating units enhanced their capacity for improving social service delivery and improved effective utilization of funds over the past few years.
For next budget 2017-18, Punjab’s annual development plan (ADP) proposed at Rs625 billion, highest among all four provinces for the next budget, followed by Sindh with proposed allocation of Rs250 billion, KPK Rs202 billion and Balochistan Rs80 billion.
The Annual Plan Coordination Committee (APCC) is scheduled to meet next week on May 17 for recommending approval of national development outlay and macroeco**mic framework for next budget 2017-18 to National Eco**mic Council (NEC) which is expected to meet probably on May 21 or 22 under the chairmanship of Prime Minister Nawaz Sharif.
The federal government proposed Rs700 billion for development schemes of ministries/divisions and Rs155 billion for FATA reconstruction and security apparatus in the area adjacent to war-torn Afghanistan.
According to official sources in the Planning Commission, Punjab remained on the top in terms of utilizing development funding from its own ADP for the outgoing fiscal year as its utilization was more than 98 percent.
Sindh had so far utilized Rs152 billion on development schemes against allocated amount of Rs200 billion during the outgoing fiscal year. The province had earmarked Rs25 billion for districts out of which whole allocated amount was released and spent.
In KPK, the utilization of development funding stood at Rs148 billion in outgoing fiscal against allocated amount of Rs161 billion during the outgoing financial year.
In Balochistan, the utilization of funds stood at Rs 67billion on development including Rs7 billion through foreign aid.
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The national development budget has been proposed at Rs 2,012 billion, including Rs855 billion, for the federal government and Rs1,157 billion for all four provinces for the next financial year. The development outlay of provinces would be higher than the federal government, thanks to last National Finance Commission (NFC) Award under which the share of provinces in the federal divisible pool (FDP) went up in a major way.
Last year the national development outlay stood at Rs1,675 billion so this time it increased by Rs327 billion.
In the aftermath of 18 constitutional amendment and last NFC Award, the provinces financial share increased manifold but the question still remains relevant that how much the federating units enhanced their capacity for improving social service delivery and improved effective utilization of funds over the past few years.
For next budget 2017-18, Punjab’s annual development plan (ADP) proposed at Rs625 billion, highest among all four provinces for the next budget, followed by Sindh with proposed allocation of Rs250 billion, KPK Rs202 billion and Balochistan Rs80 billion.
The Annual Plan Coordination Committee (APCC) is scheduled to meet next week on May 17 for recommending approval of national development outlay and macroeco**mic framework for next budget 2017-18 to National Eco**mic Council (NEC) which is expected to meet probably on May 21 or 22 under the chairmanship of Prime Minister Nawaz Sharif.
The federal government proposed Rs700 billion for development schemes of ministries/divisions and Rs155 billion for FATA reconstruction and security apparatus in the area adjacent to war-torn Afghanistan.
According to official sources in the Planning Commission, Punjab remained on the top in terms of utilizing development funding from its own ADP for the outgoing fiscal year as its utilization was more than 98 percent.
Sindh had so far utilized Rs152 billion on development schemes against allocated amount of Rs200 billion during the outgoing fiscal year. The province had earmarked Rs25 billion for districts out of which whole allocated amount was released and spent.
In KPK, the utilization of development funding stood at Rs148 billion in outgoing fiscal against allocated amount of Rs161 billion during the outgoing financial year.
In Balochistan, the utilization of funds stood at Rs 67billion on development including Rs7 billion through foreign aid.
http://feeds.feedburner.com/~r/com/cwEr/~4/caEwQ6h-p1w
أكثر... (http://feedproxy.google.com/~r/com/cwEr/~3/caEwQ6h-p1w/204396-Over-Rs2tr-development-outlay-for-next-budget)