Govt Proposes No Cut On CPEC, Bhasa Dam, HEC Projects

Sumaira FH Published September 18, 2018 | 06:54 PM

Minister for Finance, Asad Umar Tuesday said that no cut in development budget for projects of China Pakistan Economic Corridor, Diamer-Bhasha dam and Higher Education Commission was proposed in the supplementary budget.

ISLAMABAD, (UrduPoint / Pakistan Point News - 18th Sep, 2018 ) :Minister for Finance, Asad Umar Tuesday said that no cut in development budget for projects of China Pakistan Economic Corridor, Diamer-Bhasha dam and Higher education Commission was proposed in the supplementary budget.

Presenting the supplementary budget in the National Assembly, the minister said the government proposed to slash around Rs 250 billion on the development projects under Public Sector Development Programme (PSDP) 2018-19 to Rs 725 billion.

The previous government allocated Rs 23 billion for Diamer-Bhasha dam and Rs 46 billion for various development projects of HEC under PSDP 2018-19.