News

PM Khan’s Digital Pakistan Vision: Rs. 31 billion allocated for the development of Science & tech

Chaired by Prime Minister Imran Khan, the meeting of the National Economic Council (NEC), Pakistan’s top economic decision-making body has approved an Rs. 2.1 trillion development budget for the financial year 2021-22 with the allocation of Rs. 31 billion for the development of Science and Technology.

The funding for Science and Technology development seems to be in line with PM Khan’s Digital Pakistan vision announced in 2019.

It was also decided that the provinces would spend Rs1.2 trillion from their own resources for public development projects while the federal government will allocate Rs. 900 billion for the federal Public Sector Development Programme (PSDP).

Some of the other fund allocations include:

  • Nearly Rs. 509 billion out earmarked for infrastructure development in the housing, water, and transport sectors
  • Rs. 244 billion allocations for transport and communications
  • Energy sector allocation of Rs118 billion.

Allocations have also been made for the health and education sector, the production, and agricultural sector, CPEC, transport and communication projects, railways, Ten Billion Tree plantation program, and Special Economic Zones (SEZ).

Source: Gulf News
Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Share
Published by
Ahsan Zafeer

Recent Posts

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

3 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

5 hours ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

6 hours ago

HEC Reveals Law Admission Test Date for LLB Students

The Law Admission Test (LAT) has been announced by the Higher Education Commission (HEC) of…

6 hours ago

Meta’s WhatsApp to Release New Playback Speed Feature for Videos

Meta's WhatsApp is rolling out a new playback speed feature, allowing users to adjust video…

19 hours ago

OnePlus Open 2 Launch Delayed with International Release Now Scheduled for Late 2025

The highly anticipated OnePlus Open 2 has faced a significant delay, with its international release…

21 hours ago