Minister for Planning Commission Ahsan Iqbal on Monday said that revamping the energy sector will be Pakistan Muslim League-Nawaz (PML-N) government’s priority for next year’s Public Sector Development Program.
He said government had allocated Rs 107 billion for the energy sector while WAPDA and PEPCO would separately invest Rs 118 billion.
He said for the construction of Diamir-Bhahsa dam and acquisition of land‚ the government had allocated Rs 25.2 billion‚ Rs 25 billion for Neelum-Jehlum Hydro Electricity project‚ Rs 14 billion for Tarbela expansion projection‚ Rs 10 billion for Karachi Nuclear Energy project whereas Rs 42 billion were allocated for Chashma III and IV projects.
Moreover, the minister said for population welfare and education sectors Rs 25 billion each were fixed while the government would spend Rs 43 billion in FATA and Gilgit-Baltistan.
He said for transport and communication Rs105 billion would be allocated.
Furthermore, he said that the expected GDP target for the next fiscal year was 4.4 percent with 3.8 percent growth in the agriculture sector.
