Govt Fails to Disburse Rs 7.95Bn, Development of Tribal Districts
The federal government has failed to disburse the Rs 7.95 billion allocated for the development of tribal regions in the budget for the preceding fiscal year.
Following the merger of tribal districts with Khyber Pakhtunkhwa (KP), the federal government established the Merged Areas Annual Development Programme (ADP) and the Accelerated Integrated Program (AIP), through which it directed the KP government to carry out ongoing development projects in the tribal districts.
The federal government had pledged Rs 24 billion for this year’s development programme, but only provided 67 percent (Rs 16,4 billion) of the budgeted funding for combined districts in the development programme. The remaining Rs 7.95 billion has not yet been distributed.
According to planning department officials, a number of letters have been sent to the federal government requesting the release of allotted funds to complete current development projects in tribal regions. Nevertheless, a few of the officials indicated that the federal government intends to cut the assigned cash.
The planning department reported that the federal government had budgeted Rs 3.7 billion to encourage enrollment of female students in tribal districts, but no funds have been provided for the initiative this year. According to sources, under the plan, female students with a 70 percent attendance rate were to get monthly stipends, but the federal government did not allocate any cash for the project.
For more information, please get in touch with Al Sadat Marketing.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005