Saturday, 25 May 2024, 05:03:03 pm

PM directs formation of Cabinet committee for development budget, PSDP
May 15, 2024

Prime Minister Shehbaz Sharif has directed authorities concerned to constitute a cabinet committee related to the development budget and Public Sector Development Program under the Planning Minister.

He was chairing a meeting today in connection with matters related to the Planning Ministry and Public Private Partnership Authority in Islamabad.

The committee will formulate short to long-term proposals for formulating action plans for PSDP programs. He, however, made it clear that third party validation will be compulsory in case of all national development projects.

The Prime Minister stressed the need to bring such projects into the Public Sector Development Program, which will ensure sustainable development of the country.

He ordered all federal ministries to submit proposals regarding public-private partnership projects.

Shehbaz Sharif also directed to improve coordination and linkages between the federal PSDP and the annual development plan of the provinces.