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Investor Presentaiton

Chapter IV - Annual Development Programme recovery of most vulnerable groups working at low wages/daily wages in the informal sectors who suddenly fell below poverty line. Sustainable Social Protection plans are in the offing. 03 BJ 04 SDG-3: "Ensuring healthy lives and promote well-being for all at all ages" is at the heart of next year's Development Program since COVID-19 has inflicted strong blow to this sector. The Government intend to invest on improving facilities and bringing resilience in health systems also to ensure wellbeing of Health staff. Since SDG-3 provides a sustainable solution to the Health sector deficiencies, the initiatives will cover all the SDG-3 targets. Interventions for developing resilience in our Governance capabilities is another area of focus (SDG-16). Improving ability of the Government to engage meaningfully with a variety of stakeholders through robust "online feedback mechanism' and technology-driven solution to help the Government conduct meaningful policy dialogues with the private sector. Review of Annual Development Program 2019-20 In FY 2019-20, the Government was focused on promoting 'Sustainable Development' which emphasized increased efficiency in planning and implementation of its multiple interventions. The Government emphasized the development of the Province's Education, Health and Water Supply sectors to improve social outcomes. Other priority areas included the Agriculture and Irrigation sectors, and the development of Punjab's industrial competitiveness for which the Government devised an Industrial Policy to identify the future course of action. The budget for the Annual Development Programme 2019-20 was set at PKR 350 billion. Considering the Government's focus on developing Human Capital, it allocated PKR 89.8 billion for the Education Sector inclusive of School, Higher, and Special Education etc. Similarly, the Government increased allocation to the Irrigation, Water Supply and Sanitation sectors to PKR 23.4 and PKR 22.4 billion respectively. To address environmental changes, the Government allocated PKR 1.0 billion to promote Conservation and Environmental Governance. For the Health Sector, the Government allocated PKR 22 Billion and 23.5 billion for Specialized Healthcare and Medical Education and Primary and Secondary Healthcare respectively. The Figure 1 depicts the Annual Development Programme budgets over the last six years along with its revision and utilization over the past 6 years. Previous years have seen a steady increase in the Development portfolio. However, the 2018- 19 ADP budget saw a sharp decline in allocation owing to the present Government's decision to address the high Fiscal Deficit as previous Expenditure levels were proven to be unsustainable. ADP Financial Utilization 2014-20 (Billion Rupees) 345 283 250 400 361 316 550 635 462 410 40 2014-15 2015-16 2016-17 489 411 238 215 25 174 14 350 272 178 198 2017-18 2018-19 2019-20 (as of 30th April) ■Budgeted Revised ■Utilization Source: Planning and Development Board, Government of Punjab Page 34
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