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Daily Archives: June 3, 2022

The Ministry of Planning has once again approached the Finance Division to enhance the Indicative Budget Ceiling (IBC) for the upcoming Public Sector Development Programme (PSDP) 2022–23 by Rs 50. billion. The Finance Division has accepted the earlier request of the Planning Ministry to increase the provisional Indicative Budget Ceiling (IBC) from Rs. 500 billion to Rs. 700 billion, an official source told ProPakistani. According to the source, the Planning Ministry has requested the Finance Division to further enhance the IBC by Rs. 50 billion. However, till the filing of this report, no response was received from the Finance Division. According to the source, an initial budget of Rs. 90 billion has been set aside for the Ministry of Water Resources, with a focus on two major ongoing projects, Diamer Basha and Mohmand Dam. The Minister for Planning has assured the Ministry of Water Resources that he will try to increase the allocation by another Rs. 10 billion, for a total of Rs. 100 billion, the source added. Similarly, for the Power Division, Rs 50 billion has been recommended, and for the Higher Education Commission (HEC), it has been decided that the allocation should be more than Rs. 40 billion, the source added. All PSDP 2022–23 calculations are based on Rs. 700 billion allocations, however, if the Finance division allows a further increase of Rs. 50 billion in the IBC, it will be distributed among various important ministries/divisions, according to the source. Source: Pro Pakistani

Mainly hot and dry weather is expected in most plain areas of the country, while very hot in south Punjab and upper Sindh during the next twelve hours. However, rain-wind Continue Reading » Announces New Leadership Amid Official Launch

Global IT sustainability nonprofit to be led by former IDC VP, names new board members from multiple Fortune 500 companies Board Photo Nasdaq Times Square REDWOOD CITY, Calif., June 02, 2022 (GLOBE NEWSWIRE) —, the new nonprofit organization dedicated to advancing global sustainability through technology leadership, today announced its new executive director and […]

Govt committed to bring country out of economic crisis: Daniyal

PML-N leader Daniyal Aziz says the country is going through a difficult time due to which the government has to take tough economic decisions.Addressing a news conference in Islamabad today, along with former Governor Sindh Muhammad Zubair, he lamented…

Progress & prosperity of fishermen of Gwadar top most priority of present Govt: PM

Prime Minister Shahbaz Sharif said progress and prosperity of fishermen of Gwadar is the top most priority of present government.Addressing the fishermen in Gwadar, he said steps would be taken on emergency basis to provide clean drinking water to the …