Govt allocates Rs2,158 billion for PSDP for FY23

Islamabad: The federal government has allocated Rs2,158 billion for the Public Sector Development Programme (PSDP) for the fiscal year 2022-23, up just one per cent from Rs2,135bn last year.

The federal PSDP makes up Rs727bn, which has gone down 19.2pc from last year's budgeted amount of Rs900bn.

Provincial PSDP for FY23 has been allocated at Rs1,432bn, a decrease of 16pc from last year's budget of Rs1,235bn.