Islamabad:
The coalition government has so far spent barely 424 billion rupees or less than 40% of the annual development budget, impacting construction work and cash flows of hundreds of projects, including regimes from the provinces and merged districts of Khyber Pakhtunkhwa.
The only exceptions to lower expenses were the projects related to parliamentarians, Azad Jammu and Cashmire, Gilgit-Baltistan and Space & Upt Atmosphere Research Commission (SUPARCO), have shown the official documents.
Official data from the planning commission showed that from July to mid-April (nine and a half months), development spending amounted to 424 billion rupees or 39% of the annual budget. The public sector development program revised downwards is worth 1.1 Billion of rupees, which spread on 1,071 projects.
As part of the Liberation Strategy of the Ministry of Finance, 60% of the annual budget can be spent in the first nine months of this financial year. But the expenses remained below this threshold of at least 260 billion rupees. This despite the fact that the planning commission had authorized RS890 billion spending during this period, but actual expenses were much lower than the budgetary expenditure strategy and authorized expenses.
When he was contacted, the Minister of Planning Ahsan Iqbal said that compared to last year, spending in the nine -month period was even higher by 102 billion rupees. He said monthly expenses in March this year were also higher by 27 billion rupees.
However, details have shown that despite last year’s expenses despite last year; The overall situation was not good, which had an impact on many projects.
Official documents have shown that the budget already approved RS1.1 Billion is not adequately spent on development plans.
According to these documents, the government had allocated RS276.5 billion for projects in the provinces, special zones and merged districts of Khyber Pakhtunkhwa. But real spending until April 15 remained at 98.5 billion rupees or 36% of the annual allowance.
Within these expenses, an amount of 56.6 billion rupees was spent on AJK and GB projects, which was equal to 76% of the annual budget and greater than the ceiling.
But on KP’s merged districts, only 15.8 billion rupees or 23% of its allowance of 70 billion rupees were spent. These merged districts are negatively affected by terrorist attacks and are underdeveloped, but however, it could not attract the attention of the Prime Minister.
For provincial projects, RS132 billion have been allocated, but expenses remain only 26 billion rupees or 20% of the annual allowance.
The Ministry of Planning did not answer a question about the annual allowances of Balutchistan projects and actual expenses during the first nine and a half months of this exercise.
But the details have shown that there were 200 projects funded by the undergoing federal government in Balutchistan with a total cost of RS1.4 Billions. These projects need little more than 1 more rush billion for completion and the government has already allocated 13 billion rupees for this exercise.
A Planning Commission official said the Ministry of Finance did not publish the funds despite authorization due to its commitments linked to the International Monetary Fund. But such constraints did not have an impact on expenses on the small diets of parliamentarians.
Against the annual allowance of 50 billion rupees, 35 billion rupees or 69% of the annual budget have already been spent on parliamentarians during this financial year.
The annual budget of the Ministry of Water Resources was 170 billion rupees and so far 71 billion rupees or 42% of the annual allowance has been spent. The Ministry of Water Resources has already requested additional coverage of 60 billion rupees for spending foreign loans over its plans. But the planning commission has so far been unable to provide the coverage.
The national budget of the National Highway Authority is RS161 billion, but expenditure remains only 54 billion rupees or little more than a third of the annual allowance. The Balutchistan project, which will obtain funding for oil withdrawal is also noted from the NHA.
Power Davison’s annual budget is 95 billion rupees, but expenses are only 51 billion rupees or little more than half of the annual allowance.
