Friday, June 3, 2011

Highlights of Federal Budget 2011-12




 ISLAMABAD: Highlights of the Federal Budget 2011-12, according to the text of budget speech obtained by Geo News here on Friday.

Public Service Development Program (PSDP) ---- Rs 730 bn (up 58%)
Development Budget for National Highway Authority (NHA) --- Rs 71 bn (up 106%)
Development Budget for Federal Ministries ---- Rs 158 bn (up 59%)
Development Budget for Special Program --- Rs 33 bn (up 45%)
Development Budget for Special Areas --- Rs 28 bn (up 21%)
Development Budget for IRRA --- Rs 10 bn (up 38 %)

Break up of PSDP:
Development Budget for Federation has been allocated at Rs 300 bn. Its 57 % of will be spent on infrastructure development; 42 % on Social Sector; Rs16 bn for Education and Higher Education: Rs16.9 bn for Health; Rs20.5 bn for Bhasha Dam; Rs 10.8 for Neelum Jehlum Hydro Power Project; Rs14.6 for Guddu Steam Power and; Rs13.9 have been allocated for Chichuki Miliyan Combined Cycle Power Project.

For Provincial Development Rs 430 bn have been allocated.

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