• Govt announces Rs1tr for PSDP, Rs2.2tr for provincial programmes, and Rs450bn for SOEs ISLAMABAD: The government on Friday announced a Rs3.675 trillion development budget for the next fiscal year, with hardly any new uplift projects. However, the Public Sector Develop­ment Programme (PSDP) contains a list of long-overdue mega-projects, which provinces had been insisting should be financed by the Centre. The second phase of the China-Pakistan Economic Corridor (CPEC-II) is perhaps the only ...