Govt grants relaxation in NEC deadline for submission of new projects.

ISLAMABAD -- To accommodate more new development schemes of the coalition partners in the upcoming Public Sector Development Programme (PSDP), the government has granted relaxation in National Economic Council (NEC) deadline for the submission of new projects.

The Prime Minister of Pakistan, being the chairman, National Economic Council (NEC), is pleased to grant relaxation in the deadline set by NEC i.e. 31st March, (2023) to facilitate submission of new projects to the Planning Commission (PC: I /PC: I1) for inclusion in PSDP 2023: 24, official source told The Nation. The National Economic Council (NEC), the constitutional body responsible for approving the economic framework and development plans, had set March 31 as the deadline for the ministries/divisions to submit their projects to the Planning Commission using for approval and then inclusion in the PSDP.

All the provincial chief ministers are members of the NEC. However, without seeking the approval of NEC, the Prime Minister has issued the directives regarding one time exemption, the source said. Federal sponsoring ministries/divisions can now upload new projects on Intelligent Project...