MoST 11 New Projects have been Dropped in the Upcoming Budget due to Financial Constraints
The Ministry of Science & Technology MoST will not get the budget for its new Projects in the Budget FY 2022-23.
The present Government intends to drop 14 new projects which were approved by the Ministry of Science and Technology in the previous government. The National Economic Council ( NEC) has allocated 800 billion in the upcoming budget for the Public Sector Development Program ( PSDP).
The Ministry of Science and Technology MOST has asked for its account in the budget for 33 existing Projects and 12 new projects but they have received only one new project. The remaining 11 projects have been dropped.
According to sources, the new schemes for Pakistan Council and Industrial Research( PCSIR), the Pakistan Council for Research in Water Resources (PCRWR), the Pakistan Science Foundation (PSF), COMSATS University CUI, and Task Force have been dropped in the forthcoming budget.
According to the source, the Ministry of Science and Technology MoST had sought Rs. 2,945.386 million for 12 new development schemes in the PSDP 2022-23, but only Rs. 190 million has been allocated for one scheme, which is the establishment of the NUST Chip Design Center.

For Educational Updates & daily job alerts Join our Facebook Group.
Tiktok Users you can Follow Us on TikTok.
Direct Contact Us on Facebook on Parho Pakistan Official ID.
On Twitter Join us on Twitter https://twitter.com/parhojobs.
For Instagram Lovers we are live and you can follow us on Instagram.
For all the latest vacancies list Visit the Main Page of Parho Pakistan – Latest Jobs in Pakistan.
For any Query related to Parho Pakistan Whatsapp on 0307-2277888.