Punjab’s total budget increased from Rs560b to Rs646b: P&D board chairman


Lahore: Planning and Development ( P&D) Board  chairman Abdullah Khan Sumbal has said that Punjab’s total budget has been increased from Rs560 billion to Rs646billion during the current financial year while Rs 104 billion  have been released and Rs 49 billion spent on new schemes.

He was talking to reporters here at the P&D office on Tuesday here.

The Chairman apprised the media about the ongoing development projects in the province, briefing that many mega projects will be completed during the current financial year.

At present 4433 new schemes and more than 3000 existing schemes are running in the province, said the P&D Chairman, adding that P&D has released Rs 60 billion to health sector so far.
Sumbal stated that Punjab’s total budget has been increased from 560 billion to 646 billion during the current financial year.

He said that Rs170 billion funds have been spent on various development projects.

P&D has targeted all departments on utilization of funds, Sumbal said that it will ensure utilization of funds up to Rs 200 billion in current month will be ensured, Sunmbal added.

The chairman said the departments that are slow in utilizing funds have been given target for next six months, beside out of 238 schemes, 170 schemes have been approved at the Provincial Development Forum.