Government announces to spend Rs 18 billion to handle urbanization

Komal FatimaWeb Editor

12th Oct, 2020. 01:57 pm
Urbanization Program

Government has announced to spend Rs 18 billion during the current fiscal year for physical planning and housing sector programs.

According to details, the move has been taken to overcome the issues arising from increasing urbanization.

In addition to this, the federal government has also announced relief packages for construction and agriculture sectors and a subsidy of 30 billion rupees under the Naya Pakistan Housing Scheme. On the other hand, the provincial governments are also working on relief packages for vulnerable people and exemption in taxes.

According to the official document, Pakistan has the highest rate of urbanization in South Asia, and as per the Population Census of 2017; urbanization had increased from 32.52 percent to 36.38 percent from 1998 to 2017.

On the other hand, a special relief package had earlier been announced for the construction industry.

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