rawalpindi - The annual budget of Rs 10515.823 million for Rawalpindi Development Authority (RDA) and Water and Sanitation Agency (WASA) was presented and approved here on Saturday.

The annual budget for the year 2015-16 was approved during the meeting of the Subcommittee for Development of Rawalpindi headed by Commissioner Zahid Saeed.

The subcommittee meeting was also attended by Managing Director WASA Raja Shaukat, secretary finance RDA and WASA, and other concerned officials.

Commissioner Zahid Saeed while approving the annual budget allocated an amount of Rs 7485.803 million for RDA and a sum of Rs 3029.930 million for WASA for the year 2015-16.

Out of the total allocation of funds for RDA in the budget, which is deficit-free, the subcommittee has approved huge funds for development amounting to over Rs 7286.639 million. The major mega projects to be carried on during the current fiscal year under the ADP include up-gradation of Adiala Road, Double Road, High Court Road, and Airport Road. Similarly, an amount of Rs 54.0954 million would be spent on non-development schemes and Rs 45.180 million have been earmarked for construction and maintenance works.

The commissioner approved Rs 3029.930 million for WASA. The WASA during the last fiscal year faced a deficit of Rs 807.176 million which, according to sources, would be overcome through funds allocated by the Punjab government. Similarly, the WASA would generate revenue of Rs 624 million through its different sources. 

Out of the total amount of Rs 3029.930 million, the WASA would be spending Rs1067.620 million on uplift schemes under the Annual Development Plan.

Among the mega development schemes to be launched through Punjab City Governance Improvement Project, special allocations of funds worth Rs 295.672 million would be allocated to WASA by the Punjab government. The Punjab government would also provide subsidy of Rs 200 million to the water agency. An amount of Rs 20187.292 million has been sanctioned for expenditure purposes. Similarly for up-gradation of water supply and its improvement, a sum of Rs 10146.950 million would be spent during the fiscal year. For pay and pensions and other works, Rs 439.076 million have been sanctioned and Rs 45.150 million would be spent on miscellaneous works.