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Nearly half of development funds remain unused with days left in budget

Nearly half of development funds remain unused with days left in budget

An underconstruction development project. — Reuters/File SDGs fund for treasury lawmakers sees 71% spending, hits Rs35bn. Revised PSDP shrinks to Rs1.096tr amid sluggish utilisation. Govt plans Rs1tr PSDP allocation against demand of Rs3tr. ISLAMABAD: Out of the downward-revised development budget of Rs1.096 trillion, the federal government has spent just 54% — around Rs0.593 trillion — over the first 11 months …

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