i NEWS PAKISTAN

Total Rs332 billion development funds spent in PunjabBreaking

March 01, 2023

Out of total Rs752 billion allocated for development projects in Punjab, the provincial government has so far released Rs421 billion on Wednesday. In a report on the utilization of development funds in Punjab, submitted to Punjab Chief Minister Syed Mohsin Naqvi, out of Rs421 billion released, Rs332 billion have been spent so far; thus the ratio of the funds utilized vis-à-vis the funds allocated stands at 44 per cent.

Similarly, out of an amount of Rs254 billion earmarked for south Punjab; Rs101 billion have been spent so far. The chief minister was also informed about the utilization of funds set aside for the projects on which work is going at a snail’s pace.

Credit : Independent News Pakistan-INP