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Punjab govt reduces urban development budget by 45pc |
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Rana Muzaffar Hameed |
August 29, 2012, 01:27:48 AM |
LAHORE: Instead of allocating more funds out of its annual development budget of Rs 250 billion for adequate urban services in the big cities Punjab government has reduced it by 45 percent.
In 2010-11 budget, Rs 9.160 billion were allocate for efficient urban facilities in cities, in 2011-12 8.5 billion and in 2012-13 FY budget Rs 5.3 billion have been earmarked, Rs 3.2 billion less than the last year.
It may be added that Urban Development Sector covers development projects sponsored by WASAs and Development Authorities (DA) of the densely populated cities of Lahore, Faisalabad, Rawalpindi, Gujranwala and Multan having a population of around 28 million. Readmore |
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