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CDA Board Favors Budget for FY 2021-22

Islamabad: According to news reports, the Capital Development Authority (CDA) Board has approved a PKR 156.35 billion budget for the authority’s non-development and development expenditures in the approaching next fiscal year (2021–22).

Read More: Deadline Extended for Encashment, Exchange of Monetary Bonds

Since the approved budget for this fiscal year is PKR 156 million against PKR 82 million in expenses, a budget surplus of PKR 73.9 million is allotted.

Shakeel Jazeb, a member of the finance committee, presented the budget, which included PKR 40 billion for development projects.

The development projects’ details are as follows:

  • 2 billion Pakistani rupees have been set aside for the construction of affordable housing in Farash Town, 
  • 60 million for the Rawal Chowk Signal Free Corridor, and 10 million for Margalla Avenue.
  • Street lights, parks, water supply, and sanitation are among the projects that would receive the PKR 5 billion allotted for maintenance and beautification.
  • The PWD underpass, 7th Avenue, 10th Avenue, IJ Principal Road, a women’s club, and a new slaughterhouse are among the significant development projects that the CDA has also approved.

Read More: What is 5 Marla House Construction Cost in 2023?

Additionally, the Corona Allowance has been approved for the following five months for officers and staff in grades 1 through 19. In addition, the board has authorised the development of a waste disposal landfill at F-16.

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