Engineering Post Report
The Planning Commission of the Ministry of Planning, Development and Special Initiatives has conducted field monitoring of 170 projects listed in the Public Sector Development Programme (PSDP) 2022-23 of various sectors against the annual target of 150 to review and track physical progress of the schemes on ground.
According to the sources concerned, the remedial measure and recommendations were accordingly communicated to the sponsoring/executing agencies for appropriate corrective actions.
PC-IVs of 20 development projects were also evaluated against the annual target of 25 projects during the period under report.
Furthermore, in line with the authorization of the highest economic body, National Economic Council (NEC), an Financial Management and Powers of Provincial Accounting Officers (PAOs) Regulations 20231, Ministries/ Divisions have also been empowered to make necessary re-appropriations to cater for additional funds requirements from slow-moving to fast-moving projects. Some inter-grant adjustments were also been recommended to ensure optimum utilization of PSDP.
During July 2022-May 203223, an amount of Rs 64 billion was re appropriated by various Ministries/Divisions whereas TSGs amounting to about Rs 69 billion were recommended to important projects and programmes within the already approved size of PSDP 2022-23.