i NEWS PAKISTAN

Govt accelerates funds  provision for federal development projects تازترین

April 23, 2025

As the current financial year 2024-25 is nearing to end, the Pakistan government has accelerated the provision of funds for federal development projects.  As per details, Pakistan government has released 81 per cent of the total development funds so far while over Rs424.19 billion have been spent so far. Out of the Rs50 billion allocated for parliamentarians’ schemes in the current fiscal year, Rs48 billion have already been released, with approximately Rs35 billion spent so far. 

Sources add that between July 1, 2024, and April 15, 2025, the government approved the release of Rs. 889 billion for federal development projects. To date, 81% of the total allocated federal development budget has been issued, amounting to Rs424.19 billion in expenditures, sources said. While the initial federal Public Sector Development Programme (PSDP) for the year was set at Rs1,400 billion, it was revised to Rs1,100 billion under IMF conditions and performance targets. 

Credit: Independent News Pakistan (INP)