Sindh proposes Rs459.68b for development projects
Sindh govt to earmark Rs459.68bn for development projects
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The Sindh government will present its budget for fiscal year 2022-23 tomorrow (Tuesday) with an allocation of Rs459.68 billion for the development projects in the province, reported 24NewsHD TV channel on Monday.
According to the budget documents, the province will start 1,652 new development projects while it will continue executing 2506 ongoing projects.
Last year, the provincial government had earmarked Rs329 billion for the development programme.
The budget proposes to set aside Rs332.16 billion under the head of Annual Development Programme (ADP). For districts, Rs30 billion have been allocated.
The budget documents also include Rs51.50 billion in the ADP from foreign funding, the province is expected to receive. The federal government will provide Rs6.2 billion to the province under the head of PSDP.
The budget proposes to allocate Rs253 billion for the ongoing 2506 projects while suggesting to set aside Rs79 billion for new 1652 development programmes.
Overall, it has been suggested to earmark Rs332.15 billion for 4158 projects.