The project funded by the World Bank costs double after the revision

Islamabad:

The government has made Pakistan’s third revision in Pakistan funded by Pakistan and almost doubled the cost of $ 150 million to improve technology and also to obtain 179 vehicles, including balls.

In terms of rupees, the cost has increased from the original price of RS12.5 billion to 40.8 billion rupees – an increase of 226% in addition to giving an extension of two years in its completion period.

The Central Development Working Party (CDWP) referred the project to the Executive Committee of the National Economic Council (ECNEC) on Thursday, a statement published by the Ministry of Planning said on Friday.

The CDWP has also widened the scope of the Punjab Minister -Chief Computetable Program and increased its cost by 170% to 27 billion rupees. The Pakistan Investment Project Financing Component (IPF) increases the income project worth 40.8 billion rupees was returned to the ECNEC for a more in -depth examination.

The Ministry of Town Planning said that the project will be funded by a loan from the World Bank.

The revised project focuses on the modernization of the Federal Infrastructure of the Board of Revenue (FBR) thanks to the replacement of obsolete equipment, the deployment of a private cloud, updated software licenses and improved connectivity for field training.

The project documents said that an amount of 2.2 billion rupees was allocated to the supply of 179 vehicles of different brands at a unit cost of 12.5 million rupees for digital application units. These include 15 ball vehicles.

The government had taken out a loan of $ 400 million on behalf of Pakistan increases income. Of which $ 80 million had been allocated to the material upgrade. Now this component has increased to $ 150 million.

The ministry said that FBR’s requirements have changed considerably due to the organization’s thrust to adopt solutions based on information and communication technologies (ICT) for its basic operations and taxpayer facilitation, as provided under the FBR Transformation Roadmap 2024.

The proposal to customary the concept of the program was approved in 2019. The ECNEC in 2020 approved the original project at a total cost of 12.6 billion rupees. Later, the first review of the project was approved by the ECNEC at its meeting held in 2023 at the total cost of RS21.5 billion. Now the cost is RS40.8 billion.

The project documents stressed that on the basis of discussions and understanding between the FBR and the world banks team during the thesis of the mid-term examination mission (MTR), the project was restructured to include additional funding, so the scope of the project was revised.

There are certain changes in the implementation strategies to achieve the objectives and goals of the program. Additional funds will be used to meet the requirements.

These include the management of mobile tax facilitation services, initiatives to improve the compliance of taxpayers, the establishment of the forum forum for technical consultations with the provincial tax authorities on tax harmonization, the strengthening of the capacities of the staff, the upgrade rooms and the control rooms for the emergency equipment.

The project was restructured on the Prime Minister’s education and discussions and understanding between the FBR and the World Bank team during the aid of the mid-term examination mission.

The FBR had also carried out an investigation report to identify external reasons.

The delay was due to a contract either as part of the original project, the lack of adequate Roupie coverage allowances as a main obstacle to supply in the past three years and the PM directive to revise PC-I of Pakistan increases income to include components of the FBR transformation plan falling into the scope of the project.

However, the Ministry of Planning said in its comments that these risks should have been taken care of in the project’s risk mitigation strategy and could have been managed by the project authority.

The Ministry of Planning has recommended to set responsibility for the inability to mitigate these risks to complete the project in accordance with its reach and its approved period.

The revised project also aims to deploy a single sales tax declaration system, the development of data storage and BI tools and the digital transformation of value chains, components that require no foreign loan.

The project supports facial without facial assessments, improvements in border technologies and capacity building thanks to training, expert panels and IT improvements, as well as executives of the automation of commercial processes and risk management, according to the Ministry of Town Planning.

The Punjab CM Punjab computers program worth 27 billion rupees has been returned to the Ecnec for a more in -depth examination. The project is funded by the Punjab government and will be completed by October this year.

The project aims to distribute laptops to around 112,000 students currently registered in educational establishments in the Punjab public sector with the final issue subject to revised allowances.

Targeting students in the BS, MS, MBBS and engineering programs, the selection will follow the criteria approved by the steering committee and will be based on the data of verified students from the respective establishments.

This initiative aims to digitally empower students, improve access to educational resources, reduce socio-economic disparities and promote equal opportunities.

It also aims to promote collaboration with the local ICT industry, to support economic growth and entrepreneurship, and to invest in human capital by equipping students with the skills necessary to compete globally and regional.

To qualify for the laptop, students of universities and colleges in the public sector should obtain a minimum of 65% of grades to intermediate exams. For colleges and medical and dental universities in the public sector, minimum of 80% of notes in intermediary are necessary. Students should not be recipient of a laptop of the PM laptop program or any government laptop program.

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