Adequate amount allocated to provinces under PSDP: Ahsan Iqbal

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ISLAMABAD: Planning, Development and Reforms Minister Ahsan Iqbal on Monday informed the Senate that the government has made a rational and adequate allocation under Public Sector Development Programme (PSDP) for provinces and less developed areas for increasing pace of development and progress.

Giving details on the provincial allocations for PSDP in the financial year 2016-17, details of releases and the provincial allocations for PSDP for the financial year 2017-18, the minister said that the amount was allocated to reduce the level of poverty in these underdeveloped areas.

The minister, while sharing a province wise break-up of PSDP allocation in the Senate, said that out of total amount, the government has allocated Rs42 billion for federal capital, Rs 97 billion for Punjab (11%), Sindh Rs70 billion (8%), KP Rs93 billion (10%), Balochistan Rs80 billion (9.3%) while allocation of Rs32 billion (3.7%) for AJK, 3.3% for Gilgit Baltistan and 3.4% allocation in PSDP for FATA has been made.