The proposed PSDP 2006-07 has been prepared with the following background in view:-

 

•         Continuous Financial constraints.

•         Mounting figures of throwforward.

•         Conditionalties of ADB to reduce throwforward with in three years.

•         Growing number of incomplete / omitted schemes. 

•         Decision of NEC to finance the Provincial Budgets from their own resources.

 

PSDP 2005-06 (Original)

 

1.      As per Financing Pattern (N.E.C):-

            The size of Provincial PSDP indicated by the Federal Government was:-

 

Ø      Rs. 6.9 Billion inclusive of F.E.C.

 

2.      As per Original PSDP     

 

Ø                  G.O.B                          Rs.  9.092   Billion

Ø                  F.E.C                           Rs.  2.496   Billion

Ø                  Total                            Rs.11.588   Billion

§         On-Going Schemes                  614

§         New  un-app: Schemes 554

                                                             Total  #                                1168     

                        Over Financing:-              Rs. 4.688 Billion

 

PSDP 2005-06 (Revised)

 

Ø      G.O.B                                Rs.  8.989   Billion

Ø      F.E.C                                 Rs.  2.402   Billion

Ø      Total                                  Rs.11.392   Billion

 

                                                            Total    #                                1183                

 

Out of the total of 1168 schemes, 13 were dropped during the year whereas 28  were added and 113 schemes were likely to be completed. The remaining 1070 schemes have been carried over to the next Financial  year 2006-07.

 

Throwforward Liability  

2005-06

•         G.O.B                          Rs. 40.0  Billion

•         F.E.C                           Rs. 15.0  Billion

 

2004-05

•         Omitted schemes          Rs.   1.2  Billion

                     Total                   Rs. 56.2  Billion

 

Against the liability of Rs. 56 billion,  no finances are available with the Provincial Government under the New NFC award and own resources of Provincial Government.

 

Comparison of Original and Revised  PSDP 2005-06

 

 

On-Going

New

Total

Original

No. of Schemes

Cost of Schemes

Allocation GOB

Allocation FPA

Total Allocation

 

#       614

Rs.    55.581

R11s.      5.922

Rs.      2.496

Rs.      8.418

 

#     554

Rs.  14.900

Rs.    3.171

Rs.   0000

Rs.   3.171

 

#     1168

Rs.  70.481

Rs.    9.092

Rs.    2.496 

Rs.  11.589

Revised

No. of Schemes

Cost of Schemes

Allocation GOB

Allocation FPA

Total Allocation

Authorization

Releases

Throwforward PSDP

Throwforward of  Omitted Sch:

 

#     618

Rs. 55.970

Rs.   7.587 

Rs.   2.401

Rs.   9.988

Rs.   7.591

Rs.   6.764

Rs. 38.998

Rs.   1.198

 

#     565

Rs.  22.173

Rs.    1.402

Rs.    0000

Rs.    1.402

Rs.  1.398

Rs.   0.793

Rs. 16.256

    ---------

 

#     1183

Rs.  73.143

Rs.    8.989

Rs.    2.401

Rs.   11.39

Rs.    8.989

Rs.    7.556

Rs.  55.254

Rs.    1.198

 

 

 

FINANCING PATTERN FOR 2006-07 AS PER NEC DECISION (31-05-2006)

 

•         G.O.B                          Rs.   8.200   Billion

•         F.E.C                           Rs.   3.760   Billion

            Total                            Rs. 11.960   Billion

 

•         This Target can hardly be achieved as the Resources are not available.

•         The Drought Emergency Relief Assistance (Dera II) was a big support to the Provincial Govt: for substituting the Development Programs but the same has been cut down by the Federal Government. Now, instead of Rs. 1.5 billion, hardly an amount of Rs. 330.000 million would be available to the Province, which is 5 times lesser than the Projections.

•         The Provincial Government is Planning to launch a Development Programme with the hope that special Grant in Aid would be extended to the Province to Finance the proposed PSDP.

 

 

PROPSED PSDP 2006-07

 

                                    Total               Rs. 10.820 Billion

 

                        Ongoing schemes          1070

                        New  scheme                  01

                                    Total               1071

 

            Although Finance Deptt: is practically left with no resources (after meeting the recurring expenses), yet it has  agreed to provide Rs. 6.0 billion to finance the PSDP 2006-07. The P&D Deptt: has however, prepared a  Development Programme for 2006-07 at a cost of  Rs. 10.820 billion ( including FPA of Rs. 3.760 billion and Poverty Reduction Fund –PRF of Rs. 700 million ), which reflects a shortfall of Rs. 1.060 billion. The PRF amounting to Rs. 700 million is  reflected in the PSDP 2006-07 as the only new scheme, over and above the resources committed by Finance Department, to cater for some of the needs, if the resource are made available as Grant in Aid to the Province by the Federation or some other Donor etc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


LOCAL           Rs.   6359.833  Million

PRF                 Rs.     700.000  Million

FPA                 Rs.   3760.000  Million

Total               Rs. 10819.833  Million

 

 

 

 

 

 

PROVINCIAL PSDP COMPARISON

 

 

 

2006-07                                                                                   2005-06

 

Ongoing          Rs.  10119.833  Million

New                 Rs.      700.000  Million

Total               Rs.  10819.833  Million

On-Going        Rs.  8417.719  Million

New                 Rs.   3170.945 Million

Total               Rs. 11588.664 Million

 

                                                                                               

 

Sector wise  Allocation/Priorities of PSDP 2006-07
(INCLUDING FPA BUT EXCLUDING POVERTY REDUCATION FUND)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


  41.32%      18.09%     7.3%     7.20%     4.12%        1.66%       1.55%     17.5%

 

 

The Provincial Cabinet approved the budget as under:-

 

•         Revised PSDP 2005-06         GOB    Rs.    8989.009  million

                                                            FPA     Rs.    2401.518  million

                                                            Total   Rs.  11390.527  million

 

            (for 618 on-going and 565  new schemes).

 

•         PSDP 2006-07                        GOB    Rs.   6359.833    million

                                                            PRF     Rs.     700.000    million

                                                            FPA     Rs.   3760.000    million

                                                            Total   Rs. 10819.833    million

 

             (for 1070 on-going and 1 new  schemes).

 

•         Omitted schemes of PSDP 2004-05 (60 Schemes)

 

                                                            GOB   Rs. 1198.603 million

 

            (for financing 60 omitted schemes during 2006-07 on availability of funds).