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Govt Released Rs. 330 Billion in Development Funds for First Two Quarters

Govt Released Rs. 330 Billion in Development Funds for First Two Quarters

The federal government has officially announced that the Govt released Rs. 330 billion in development funds for first two quarters of the ongoing fiscal year. These funds have been allocated under the Public Sector Development Programme (PSDP) to accelerate key national projects across multiple sectors.

According to the Ministry of Planning, Development, and Special Initiatives, the Govt released Rs. 330 billion in development funds for first two quarters to ensure that infrastructure, education, health, and energy projects continue without interruption. Out of the total allocation, a major portion has been earmarked for ongoing projects to maintain steady progress and avoid delays.

The ministry further explained that provincial governments and various federal departments have already received their respective shares. The release of these funds reflects the government’s commitment to completing essential development projects that directly impact citizens’ lives.

Economic experts believe that this release is a positive step toward reviving economic activity and creating employment opportunities. They also noted that timely disbursement of PSDP funds helps maintain momentum in construction and industrial sectors, which in turn supports GDP growth.

A senior official from the Planning Commission said that strict monitoring mechanisms have been implemented to ensure transparency and efficiency in the utilization of funds. He added that the government aims to improve public services through sustainable and accountable development spending.

With major infrastructure and social welfare initiatives underway, analysts expect that the released amount will boost investor confidence and help stabilize regional development. Future disbursements are expected to follow the same transparent and performance-based model.

Overall, the Govt released Rs. 330 billion in development funds for first two quarters demonstrates its focus on economic stability, progress, and the timely completion of national projects.

Read More : World Bank Program Speeds Up Development in Punjab

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Umair

Umair is an experienced digital media journalist who covers both parliament and breaking news. He reports on culture, politics, technology, and human stories with clarity and depth. His work also includes lifestyle and arts, which makes him a versatile storyteller. He always focuses on accuracy, insight, and meaningful impact.
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Umair Ikhlaq

News Writer
Umair is an experienced digital media journalist who covers both parliament and breaking news. He reports on culture, politics, technology, and human stories with clarity and depth. His work also includes lifestyle and arts, which makes him a versatile storyteller. He always focuses on accuracy, insight, and meaningful impact.

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