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HomeEconomyAPCC APPROVES RS 1,221 BILLION PSDP FOR FISCAL YEAR 2024-25 AMID FISCAL...

APCC APPROVES RS 1,221 BILLION PSDP FOR FISCAL YEAR 2024-25 AMID FISCAL CHALLENGES

Annual Plan Coordination Committee (APCC) ne Friday ko Rs 1,221 billion ka Public Sector Development Program (PSDP) approve kiya agle fiscal year 2024-25 ke liye.


APCC ki meeting Deputy Chairman, Planning Commission ne chair ki, aur isme Federal Ministries/Divisions, provincial governments aur State Bank of Pakistan ke officials ne shirkat ki, Planning Commission ke press release ke mutabiq.

APCC ne note kiya ke Ministries/Divisions ne initially Rs 2.8 trillion se zyada projects ke liye request ki thi, magar fiscal constraints ki wajah se, essential funding requirements Ministry of Finance ke saath discuss ki gayi aur is ke nateeje mein PSDP ka provisional size Rs 1221 billion set kiya gaya. PSDP ki formulation mein kai challenges samne aaye, jisme rising throw-forward, additional demands aur provincial projects of devolved nature shaamil hain.

Forum ko PSDP 2024-25 ki formulation ke challenges ke bare mein brief kiya gaya, jisme thin spreading of PSDP allocation aur rising throw-forward jo ongoing projects ko prioritize aur complete karne mein mushkilat paida karte hain, shaamil hain. Is ke ilawa, significantly high demand for rupee cover against Foreign Exchange/Foreign Aid component aur additional demands post-flood 2022 rehabilitation efforts aur implementation of 5Es initiatives aimed at economic recovery and resilience bhi major challenges the.

APCC ne Ministries/Divisions ko advise kiya ke wo core national projects, foreign aided projects ko prioritize karein, projects ko timely completion ke liye fund karein, federal projects ko prioritize karein aur pending liabilities ko clear karein. PSDP formulation process National Economic Council (NEC) aur Special Investment Facilitation Council (SIFC) ke recommendations/directions se guide ki gayi. Adjustments ke baad, proposed PSDP 2024-25 ko thoda modify kiya gaya, aur various sectors ke liye specific allocations detailed ki gayi.

Proposed PSDP 2024-25 ki sectoral strategy mein infrastructure development aur industrial linkages ko promote karna, energy sufficiency, water resources ko augment karna, transport aur communications ko improve karna, social sectors, science aur IT, governance, production sectors aur balanced regional development ko ensure karna shaamil hai.

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