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WORLD NEWS | Cash-strapped Pakistani government wastes money on image building

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Islamabad [Pakistan]May 19 (ANI): The fiscal year is drawing to a close amid unusually tight fiscal conditions and austerity policies by Pakistan’s PDM government, but discretionary spending and advocacy for coalition partners’ MP constituency development plans continue to grow, Dawn reported.

The Cabinet Economic Coordinating Committee (ECC) has increased the allocation for MP constituencies under the so-called Sustainable Development Goals Achievement Program (SDGs-AP) by (PKR) 1 billion to (PKR) 91 billion (PKR) in approving nine supplementary allocations ) was 11 billion on Tuesday.

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The meeting, chaired by Finance Minister Ishaq Dar, was informed that the government has allocated PKR 70 billion in the 2022-23 budget for “running community-based SAPs” to achieve SDGs while addressing urban and rural social development in the country According to Dawn, the limit.

In October last year, funding for the scheme was increased by (PKR) 17 billion to (PKR) 87 billion to ensure that all 174 members of the National Assembly belonging to the Pakistan Democratic Movement (PDM) get (PKR) 500 million in line with the SDGs. Undertake small projects in the name of the community – sewer lines, gas, water connections, and street repairs and maintenance.

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As a result, the planning ministry has reportedly foregone 17 billion Pakistani rupees (PKR) in funds previously earmarked in the budget for Pakistan-occupied Kashmir, which includes Gilgit-Baltistan and some provinces.

These funds were subsequently increased by (PKR) 3 billion to (PKR) 90 billion “has been issued/transferred to various ministries and provincial cabinet departments under Requirement No. 92-IB-0600 – Development Expenditure,” the ECC was told on Tuesday, according to Dawn a report published on .

Of the funds disbursed, the majority (PKR) 46.125 billion went to Punjab, followed by (PKR) 29.155 billion to Sindh, (PKR) 7.73 billion to Khyber Pakhtunkhwa, 6.99 billion ( PKR) to Balochistan.

Members make development proposals, which are then approved by a steering committee headed by the planning minister – a mechanism set up a few years ago to avoid a Supreme Court ruling.

The ECC has also authorized two supplementary grants of PKR 5.57 billion and PKR 1.146 billion to the Ministry of Commerce, covering 50 percent of the difference in the cost of urea fertilizer imports and the exchange rate of Pakistan’s foreign trade missions, respectively, according to Dawn.

The meeting also approved two supplementary allocations of (PKR) 1.666 crore and (PKR) 100 crore to the National Highways Authority (NHA) for rehabilitation of 2022 roads in KP, GB, Balochistan and Sindh, and from Dalbandin to Road construction at Ziarat Balanosh (77 km).

The ECC has also allocated PKR 17.3 million to the Prime Minister’s Supervisory Council for staff-related costs and PKR 922 million to the power sector for the completion of the “second line erection project from Jiwani to Gwadar”. development project.

The committee also authorized the allocation of PKR 50 million to the Ministry of Poverty Alleviation and Social Security for SOS Children’s Villages Pakistan and PKR 550 million to the Ministry of Information and Broadcasting for advocacy/awareness initiatives by the federal government in 2022-23, Dawn reported. Year. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)


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