Utilis­es 93% of the budget­ary alloca­tion for develo­pmentISLAMABAD:The federal government has been unable to completely spend the development funds allocated for the fiscal year 2018-19 despite cutting them down after coming to power. With only nine days remaining in the ongoing fiscal year, the government has utilised 93% of the budgetary allocation for development. The cut in development funds came over the alleged inclusion of unapproved development scheme in the Public Sector Development Programme (PSDP). The government was unable to spend Rs4 billion earmarked for the development of gas infrastructure. An amount of Rs227.61 billion was released for the development and repair of national highways.

Source: The Express Tribune June 21, 2019 19:17 UTC