Water and Power Ministry Gets Rs 2.8 billion From Budget
The Water and Power Ministry has received an appalling 15.6 percent of total budgetary allocation for the first quarter of the current year, an amount that flagrantly disregards the critical contribution of this ministry to not only national output, but also to serious issues of households-related to water and power deficiency in the country.
The Finance Ministry provided Rs 2.8 billion during the first quarter (July-September) of 2009-10 financial year to the Water and Power Ministry as against the total committed quarterly allocation, amounting to Rs 17.85 billion. During three-day PSDP review meeting held recently, the Finance Ministry gave top priority to the Ministries of Petroleum and Natural Resources, Pakistan Nuclear Regulatory Authority (PNRA), Ports and Shipping, Communication, Population, Pakistan Atomic Energy Commission (PAEC) and Health Ministry.
The Ministry of Petroleum and Natural Resources received 85 percent of the budgetary allocations, amounting to Rs 170 million as against the request of Rs 200 million in the first quarter.
The Finance Ministry gave second priority to Pakistan Nuclear Regulatory Authority (PNRA), which received 75.1 percent of the committed funds, amounting to Rs 82.5 million as against the committed amount of Rs 109.8 million in the first quarter. The Ministry of Ports and Shipping received 72.2 percent fund releases, amounting to Rs 16 million as against the requirement of Rs 22 million in the first quarter.
Economics, Electricity, Energy, Nuclear, Oil, Pakistan, Petrol, Water, power
