Sindh govt releases Rs1.58bn under mega-scheme for Karachi

KARACHI: The provincial government of Sindh has released Rs1.578bn for development purposes under mega-scheme for Karachi against the total allocated the sum of Rs1.94bn in the ongoing fiscal year.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, the provincial government utilised Rs1.09bn against the total released funds which is 70pc of the total funds released.

Similarly, the numbers of provincial government show that the released amount makes up 81pc of the total earmarked funds.

As per the report of the Sindh government, the allocated amount of Rs1.94 billion has to be utilised on 18 development schemes.

The mega-scheme for Karachi pertains to the development of infrastructure, repair, rehabilitation, and beautification of the city.

 

For news and blogs, visit Graana.com 

Maham Tahir

Recent Posts

Punjab Set to Digitize Urban and Rural Property Records Through Major Reforms

Lahore: The Punjab government is steadily progressing with its initiative to digitise property records across…

1 day ago

Global Smart Building Market Projected to Reach $252 Billion by 2025

The global smart building market is projected to grow by at least 21.8% in 2025,…

2 days ago

Pak-China Launch Joint Initiatives in AI and Construction Under CPEC Phase 2

Islamabad: Pakistan and China have agreed to initiate joint training programmes in key sectors such…

3 days ago

Saudi Arabia to Allow Foreigners to Own Property Starting January 2026

In a landmark reform, Saudi Arabia will begin allowing foreign nationals and companies to purchase…

4 days ago

Pakistan Enacts Virtual Assets Ordinance 2025 to Regulate Cryptocurrency and Digital Finance Sector

ISLAMABAD: The federal government has officially enacted the Virtual Assets Ordinance, 2025, establishing a dedicated…

5 days ago

Government Rolls Out First-Ever 20-Year Home Loan Scheme

In a major step toward making homeownership more accessible, Finance Minister Muhammad Aurangzeb has introduced…

1 week ago