Govt Slashes Ministry Demands, Sets Rs1tn for PSDP

The government has set Rs1 trillion for the Public Sector Development Programme (PSDP), trimming ministries' ambitious demands of Rs3 trillion.

Cabinet Division allocated Rs50.33 billion.

Board of Investment to receive Rs1.10 billion for investment promotion.

Ministry of Climate Change allocated Rs2.78 billion.

Defence Division gets Rs11.55 billion, while Defence Production Division receives Rs1.78 billion.

Commerce Division and Communications Division allocated Rs400 million and Rs200 million, respectively.

Establishment Division to receive Rs495 million.

The budget will be presented in parliament later this month.

ProPakistani Coverage
Confirms Rs1 trillion PSDP allocation.

National Highway Authority (NHA) gets the largest share at Rs228 billion.

Power Division allocated Rs104 billion, while Water Resources Division receives Rs140 billion.

SUPARCO (Pakistan Space & Upper Atmosphere Research Commission) allocated Rs24 billion.

Higher Education Commission (HEC) receives Rs42 billion.

Defence Division gets Rs11 billion.

Railway Division allocated Rs24 billion.

National Health Services Ministry receives Rs12 billion.

Interior Ministry allocated Rs10.9 billion.

Business Recorder Coverage
Reports Planning Ministry sought Rs1.6 trillion for PSDP, significantly higher than the Rs921 billion ceiling initially proposed.

Finance Ministry revised the PSDP allocation downward from Rs1.4 trillion to Rs1.096 trillion in the current fiscal year.

IMF negotiations influencing budget decisions.

Annual Plan Coordination Committee (APCC) and National Economic Council (NEC) meetings scheduled for May.

Development fund utilization expected to reach Rs750-800 billion by June.

Each source highlights different aspects of the budget, with Geo News focusing on ministry allocations, ProPakistani emphasizing sector-wise distribution, and Business Recorder discussing the broader fiscal strategy and IMF influence.