PSDP funds

Published May 4, 2024

THE delay in the release and subsequent utilisation of Public Sector Development Programme (PSDP) funds already approved by the Ministry of Planning and Development is frustrating. During the interim government, the release of development funds had been frozen due to pending elections. But even with a new government in place, the development funds have remained frozen for unknown and incomprehensible reasons. This is despite the fact that many of projects are to be completed during the fiscal year.

This can only be done once sufficient funds are available for the projects as the cost is increasing by the day due to inflation along with rented machinery held on site without any progress in work.

Less than three months are left to complete the remaining work on all such projects, but the government and the relevant ministries are completely silent over the issue. The funds must be released immediately so that work on all such projects may be accelerated.

Syed Wasi Ul Hassan
Hangu

Published in Dawn, May 4th, 2024

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...