G-B formulating growth-oriented ADP policy

ISLAMABAD: The Gilgit-Baltistan (G-B) government has announced that for the first time it has utilised 100 per cent of the funds they had allocated for Annual Development Programme (ADP) in their annual budget owing to ongoing development works and involvement from the concerned department, officials said on Monday.

The fiscal year 2016-17 was the most successful year in the developmental history of G-B, an official of the regional government said while pointing towards the strict fiscal discipline and a strong moratorium on the excessive throw forward of funds.

The official said that constant monitoring and facilitation by the Planning and Development Department of the region and timely response from other associated departments had helped achieve this target.

The official said that for the fiscal year 2017-18, the federal government had allocated Rs7.025 billion more for the region’s ADP and the PSDP schemes when compared to the previous year. The officials further stated that they had formulated a policy of encouraging growth in ADP 2017-18. “To honour our commitments with respect to Sustainable Development Goals (SDGs) and the Pakistan Vision 2025, appropriate interventions on a mega scale have also been incorporated.

 

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