Islamabad, Sep 24: The Planning Commission has disclosed that completing 1,071 development projects across Pakistan will cost over Rs. 13,815 billion, a figure nearly ten times higher than the Public Sector Development Program (PSDP) budget.
To finish these projects, an additional Rs. 8,935 billion will be required, with the total completion timeline extending to 2035, contingent on the annual release of Rs. 1,000 billion in development funding.
So far, Rs. 375 billion has been spent, and Rs. 1,173 billion is needed for projects co-funded with provincial governments.
The breakdown includes Balochistan with 200 projects costing Rs. 1,048 billion, Punjab with 172 projects needing Rs. 707 billion, and Sindh’s 117 projects requiring Rs. 613 billion. Khyber Pakhtunkhwa’s 101 projects will need Rs. 642 billion, while Azad Jammu and Kashmir (AJK) require Rs. 44 billion and Gilgit-Baltistan Rs. 443 billion for 37 projects.
For the current fiscal year, Sindh is set to receive Rs. 171 billion, Balochistan Rs. 129 billion, Punjab Rs. 118 billion, Khyber Pakhtunkhwa Rs. 52 billion, AJK Rs. 44 billion, and Gilgit-Baltistan Rs. 65 billion, with Rs. 74 billion allocated for merged distric.