Charter of the Economy Analysis of projects in the NHA portfolio of 2021-22 reveals the distributions of ongoing and new projects shown separately in Table 25.12. The major share goes to trunk infrastructure in the form of CPEC projects or upgrading of the National Highway. Table 25.12: Regional Distribution of On-Going and New Projects of NHA(Rs in Billion) Type of Project/ Location On-going Projects Number of Projects Cost Share (%) New Projects Number of Projects Cost Share (%) INTER-PROVINCIAL* 14 1029.8 61.6 4 175.5 56.8 INTTRA-PROVINCIAL 34 639.7 38.4 11 133.7 43.2 Punjab 10 170.9 10.2 2 2.6 0.8 Sindh 2 61.1 3.6 1 0.1 KhyberPakhtunkhwa 10 241.4 14.4 4 34.8 11.3 Balochistan 8 99.6 6.0 3 46.3 15.0 Others** 4 66.7 4.2 1 49.9 16.1 TOTAL 48 1669.5 100.0 15 309.2 100.0 * mostly the CPEC projects and the National Highway|** Islamabad, Gilgit-Baltistan, Azad Jammu and Kashmir Source: Planning Commission, Federal PSDP, 2021-22. Within intra-provincial projects, the province of Khyber-Pakhtunkhwa appears to be getting the highest priority in allocations to on-going projects. Balochistan has projects under execution with a share of only 6 percent in total allocation of NHA. Similarly, Sindh is also receiving low priority with a share below 4 percent. The priority in allocations to new projects in Balochistan is significantly higher with a share of 15 percent. Here again, Sindh and Punjab are neglected. The largest new project is being executed in Gilgit-Baltistan. The regional distribution of projects should also be derived by the Planning Commission for all other sectors. The results should be placed before the Council of Common Interests (CCI), which is chaired by the Prime Minister and the four Chief Ministers are members. 25.9. Fiscal Indicators of Provinces Following the estimation of the Gross Regional Product of each Province, it has become possible to derive the revenues and expenditure ratios with respect to the GRP of each Province. The estimates and presented in Table 25.13. 256
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Charter of the economy : agenda for economic reforms in Pakistan
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