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CDA budget for the financial year 2015-16

Islamabad, June 29, 2015: Capital Development Authority (CDA) Board has approved Rs.37,695.87 million estimated Budget of CDA for the Financial Year 2015-16 in its meeting held here at CDA Headquarters on Monday. The Board meeting was chaired by Chairman CDA, Mr. Maroof Afzal.

Member Finance, Arbab Sher Bahadur, Member Administration and Estate, Amir Ali Ahmed, Member Environment, Syed Mustafain Kazmi, Member Planning and Design, Waseem Ahmad Khan and Member Engineering, Shahid Sohail were also present in the  meeting.

The total outlay of spending is estimated at Rs. 37,695.87 million for the Financial Year 2015-16, which is 18 percent less than the current Financial Year i.e. 2014-15. Development budget is estimated at Rs.21,091.27 million, which is 56 percent of the total budget while non-development expenditure is estimated at Rs.16,604.05 million, which is 44 percent of the total budget……. Read More