Saturday, October 16, 2021  | 9 Rabiulawal, 1443
Samaa TV
Facebook Twitter Youtube
HOME > Money

Budget 2021-22: Govt to spend Rs509b on infrastructure

Development budget to be increased by Rs250 billion

SAMAA | - Posted: May 31, 2021 | Last Updated: 5 months ago
SAMAA |
Posted: May 31, 2021 | Last Updated: 5 months ago

Photo: Online

The government will allocate 57% of the Rs900 billion development budget of infrastructure projects.

According to the budget proposal, Rs509 billion will be set aside for the infrastructure projects. The development budget for the fiscal year 2021-22 will be increased by 38% or Rs250 billion.

The development infrastructure projects in the proposal include power, water, transport, communications and housing.

The social sector will receive Rs169 billion, while Rs133 billion will be set aside for special areas, a document regarding development budget 2021-22 revealed.

An amount of Rs110 billion will be allocated for water and Rs60 billion for special packages. The National Highway Authority will receive Rs114 billion for construction of roads. The projects include Karachi Circular Railway, Karachi Freight Corridor, Kharian-Rawalpindi Motorway, Blixar-Mianwali, Muzaffargarh-Mianwali, Karachi to Chaman National Highway 25.

Follow SAMAA English on FacebookTwitter, and Instagram.

FaceBook WhatsApp
 
HOME  
 
 

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
 

MOST READ
MOST READ
Petroleum prices likely to go up by Rs10
How the FBR plans to go after tax non-filers
Bitcoin reaches six-month high, likely to surpass $60,000
Govt to raise power tariff by Rs1.39/unit by November 1
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp