Charter of the Economy The normal expectation is that sectors in which the throw-forward is large, the bulk of the allocation would go to completion of on-going projects and fewer new projects would be launched. This does appear to be the case with allocations in sectors like the Atomic Energy Commission, Power, Hydel-Projects, Water Resources. However, in the case of NHA and the Railway as much as 25 percent and 17 percent of the overall allocation is to new projects. Table 13.3: Priority of Ongoing versus New Projects in the Federal PSDP of 2020-21 (Rs in Billion) Sector* Cost of On-Going Projects Throwforward % Not Completed Allocation to On-Going Projects as % of Throw-forward Cost of New Allocations Projects % Share of New Projects in Total Allocation NHA 1275 324 25.4 29.7 521 29.7 25.0 PAEC 1038 812 78.2 2.8 1 0.2 0.9 Railway 162 63 38.9 20.3 1215 11.2 16.6 Power 752 608 80.9 11.0 8 2.0 2.7 Hydel 1361 632 46.4 18.1 0 0.0 Water 1082 560 51.8 11.5 36 2.5 3.6 HEC 253 155 61.3 14.8 45 6.4 14.0 TOTAL 5923 3154 53.2 OF ABOVE 12.7 1825 52.0 12.1 *Major sectors Source: Planning Commission Table 13.4: Number of Projects in the Federal PSDP of 2020-21 On-Going New Total • Higher Education Commission 113 31 144 • Water 81 3 84 • Power 72 10 82 • Housing 33 41 74 • National Highway Authority 32 25 57 • Interior 37 15 52 • Health Services 28 24 52 • Railway 22 18 40 • Food Security 24 12 36 • Finance 28 8 36 • Science and Technology 22 10 32 Allocation (Rs in Billion) 29.4 81.2 74.4 8.8 118.7 14.8 14.5 24.0 12.0 66.7 4.5 134
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Charter of the economy : agenda for economic reforms in Pakistan
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