PESHAWAR:
Khyber-Pakhtunkhwa Inter-Provincial Coordination and Finance Adviser Muzammil Aslam said the province has made significant progress in utilizing its annual development funds.
According to Aslam, 55.72% of the allocated funds have been utilized during the first six months of the fiscal year 2024-25.
Aslam revealed that a total of Rs. 190 billion was allocated during the first six months, of which Rs. 79.5 billion have been released.
He added that 44,352 million rupees have been utilized, which represents 55.72% of the total funds allocated.
The advisor also provided a breakdown of funds allocated and spent for different regions. He said that for the populated districts, Rs 120,000 million were allocated, of which Rs 60,948 million were released and Rs 33,467 million were utilized, which is 55% of the total funds.
Similarly, for the merged districts, Rs 30,000 crore was allocated, of which Rs 8,719 crore was released and Rs 5,115 crore was spent, which is 59% of the total funds.
