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12-21-2019, 12:20 PM
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Govt plans to launch Rs5tr PSDP-Plus for next 3 years
ISLAMABAD: On the directives of Prime Minister Imran Khan for making Public Private Partnership Authority (PPPA) fully functional through placement of its rules, the PTI-led government wants to launch PSDP-Plus with portfolio of over Rs5 trillion for next three years.
Keeping in view severe resource constraints at a time when Pakistan is currently under tight scrutiny of the IMF programme, top officials of the PM Office came up with the idea for launching Public Sector Development Program (PSDP) Plus for execution of 53 projects through public private partnership (PPP) mode in order to kick-start sluggish economic activities and achieving growth rate of 6 percent. One top official, who is involved in this whole process, confided to The News in background discussions that it was UK model as during the tenure of Margret Thatcher innovative idea of PPP was floated to execute development project at time of difficult economic situation. Keeping in view the same model for replication in Pakistan, there are certain pre-requisites for making this ambitious plan into a reality, otherwise, it will remain just a wish or reverie. The PPPA came into being in 2017 through act of Parliament but so far its rules are not framed. “Now the rules are in the process of finalisation for making the PPPA fully functional in weeks and months ahead. The PM also constituted a committee under chairmanship of Deputy Chairman Planning Commission (DCPC) Mohammad Jehanzeb Khan to identify viable projects that could be handed over to the PPPA for execution of Rs5 trillion projects over next three years,” top official sources told The News Friday. The PPPA has been currently working under Tanveer Butt as Chief Executive Officer (CEO) and Secretary of PPPA Board. The government is considering hiring permanent CEO of PPPA and making it fully functional through notifying its rules on the basis of which it will be operationalised.The deputy chairman Planning Commission, the sources said, has convened meeting of concerned ministries next week in order to hold consultations before handing over economically viable projects to PPPA. The official said that this PSDP Plus would be launched on the eve of coming budget for 2020-21. أكثر... ??????? ??????: Govt plans to launch Rs5tr PSDP-Plus for next 3 years || ??????: ahlam1399 || ??????: اسم منتداك
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