ISLAMABAD: As the apex committee constituted by the federal government has completed its proposals for Gilgit-Baltistan (GB) development plan, Prime Minister Imran Khan is expected to announce a historic GB development package, worth over Rs250 billion, soon. “The prime minister will soon approve the ‘Socio-Economic Development Plan (2021-26)’ for GB, following which the details of the package would be shared. Out of the Rs250 billion development plan, projects worth Rs47.7 billion would be funded through GB annual development plan; projects worth Rs91.7 billion would be financed through PSDP, while those worth Rs110.5 billion would be funded by the federal government through the Ministry of Kashmir Affairs and Gilgit Baltistan (federal PSDP). The Ministry of Planning had constituted two technical groups to finalise the integrated development plan on the pattern of the recently announced Karachi Transformation Plan. An apex committee under the GB chief minister and an inter-ministerial committee under the deputy chairman of Planning Commission were monitoring the preparation and implementation of the development plan.

Source: Pakistan Today March 18, 2021 17:26 UTC