Tag Archives: PSDP spending exceeds FY21 target: Asad

ISLAMABAD: Pakistan will start exporting mobile phones in January 2022, Commerce Adviser Razak Dawood said on Tuesday. In a testimony before the Senate Standing Committee on Commerce chaired by Senator Zeeshan Khanzada, the adviser said a Chinese company was setting up a mobile phone manufacturing factory in Karachi. Talking to following the committee meeting, Mr Dawood said the production of …

KARACHI: Federal development spending in 2020-21 nominally exceeded its target of Rs650 billion, marking the highest development fund utilisation since 2011-12. Minister for Planning and Development Asad Umar tweeted on Tuesday that spending under the Public Sector Development Programme (PSDP) in the last financial year remained Rs659bn or 101.4 per cent of the annual target. “In a year of Covid …