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Govt to spend Rs250bn on infrastructure next year

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ISLAMABAD: The government has decided to allocate over Rs250 billion for infrastructure sector including energy and transport in budget 2015-16 that would have an overall Rs600bn development outlay. This was stated by Minister for Planning and Development Ahsan Iqbal at a news conference after a consultative meeting on budget presided over by Prime Minister Nawaz Sharif on Thursday. Responding to a question on members of the ruling family approving development projects, Mr Iqbal said the parliamentarians had recommended projects worth Rs400bn for inclusion in the Public Sector Development Programme (PSDP) which was not possible at this stage. Therefore,...

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