N.Areas’ uplift fund slashed by 8pc


N.Areas’ uplift fund slashed by 8pc

Weekly Bang-e-sahar karachi Saturday, August 30, ——September 5, 2008

By Our Correspondent

GILGIT: The federal government has made an eight per cent reduction in the first installment of development funds for Gilgit-Baltistan.
Senior officials in the local administration told Bang-e-Sahar that due to lack of political clout and say in the government affairs, the federal finance division had released only seven per cent of the uplift funds for the region compared to the 15 per cent given to all four provinces and Azad Kashmir.
‘‘This means further delay in the completion of development projects,’’ they added.
They said though 272 projects were scheduled to complete during the current fiscal year but there was slim possibility that all of the projects would be completed because working season in the region is very short and due to freezing temperature construction activities come to a halt in winter.
The officials said contractors had already been complaining about non-payment of their dues and outstanding liabilities now touching over Rs5 billions mark.
Meanwhile, the Planning and Development Department of Northern Areas is giving final touches to the Annual Development Plan of current financial year which has already been approved by the federal ministry of Kashmir Affairs and Northern Areas, official sources said. The ADP would soon be circulated among all the stakeholders.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s