ISLAMABAD - The government has released Rs129.2 billion to different ministries and divisions for development projects under the Public Sector Development Programme (PSDP) during the first ten months (July-April) of the ongoing fiscal year 2010-11. According to the latest information regarding PSDP, the government released Rs17.3 billion last month (April). It might be mentioned here that the government has already cut the PSDP by Rs100 billion due to the financial constraints. The government had earmarked Rs 280 billion for development projects under PSDP 2010-11. The amount allocated in local currency was Rs 242 billion that had been reduced to Rs 150 billion. Government is said to have placed a cut of Rs 8 billion on foreign funds allocated in budget for development projects. According to the break-up of the released Rs 129.2 billion during July-April period of the current fiscal year, an amount of Rs 48.2 billion was released for infrastructure projects, Rs 77.8 billion for social sector projects and Rs 3 billion for projects in other sectors under PSDP 2010-11. After placing a cut on local component of PSDP, the funds allocation for infrastructure has been reduced from Rs 106 billion to Rs 63 billion, social sector from Rs 128 billion to Rs 84 billion and for projects in other sectors from Rs 8 billion to Rs 3 billion. Total PSDP has 1822 projects as 409 in infrastructure costing Rs 3103.9 billion, 1266 in social sector worth Rs 849.8 billion and 147 projects at total cost of Rs 125.8 billion in other sectors.