IMF: Development Project Delays and Inefficiencies Plague Pakistan's Public Spending
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The IMF assessed average time for completion of development projects in Pakistan is 14.1 years if no new projects are added to PSDP.
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There were 244 new projects in 2022-23 PSDP worth Rs2,261.9 billion.
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909 ongoing development projects worth Rs7,961.5 billion.
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Hybrid public investment efficiency gap estimated at around 38% in Pakistan.
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Provinces now execute 60% of public investment after 18th Amendment decentralized power.