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THE MILLENNIUM GROUP OF COMPANIES

THE MILLENNIUM GROUP OF COMPANIES

Ahsan Iqbal Chairs the 37th SDG Steering Committee Meeting

ISLAMABAD: Ahsan Iqbal who is the Minister of Planning, Development, and Special Initiatives, and the Steering Committee on Sustainable Development Goals Achievement Program (SAP) have asked the Finance Division to give an exemption or relaxation to allow the transfer of unused funds from the Pak-PWD account to the PLA-III account.

The basic purpose of this step is to prevent the funds from lapsing and also ensure that they can still use. On May 19, 2023, the committee conducted its 37th meeting. At this meeting, they verify the minutes of the previous meeting. Further, they discussed the cash allocation for recent projects in district Swat. The Ministry of Housing and Works was also instructed not to spend any extra funds from the savings until the issuance of further instructions.

In addition, the committee approved the release of Rs. 1 billion for Punjab development projects under SAP and talked about the requirement for an additional Rs. 5 billion for financing projects related to the SDGs. The committee approved the allocation of these funds. Moreover, the committee instructed the Cabinet Division to submit a summary for the additional funding.

The committee mentioned that relevant ministries and provincial governments identify schemes according to SAP guidelines by June 30, 2023. It also completes the essential formalities for approval to ensure on-time implementation in the upcoming financial year.

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Manahil Tariq
Manahil Tariq

Manahil Tariq, A content writer and copywriter with over 2 years of experience. Throughout her career, she worked with a diverse group of clients from around the world. She also works with real estate firms and marketing agencies. Writing is where her skills and expertise really shine.

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