Times of Pakistan

Quarterly fund release mechanism agreed between Information Ministry, Finance Division: Tarar

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Federal Minister for Information and Broadcasting Attaullah Tarar on Monday informed the National Assembly that a quarterly release mechanism between the Ministry of Information and the Finance Division has already been agreed upon, under which funds are released every quarter in line with utilisation

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 18th May, 2026) Federal Minister for Information and Broadcasting Attaullah Tarar on Monday informed the National Assembly that a quarterly release mechanism between the Ministry of Information and the Finance Division has already been agreed upon, under which funds are released every quarter in line with utilisation.

Responding to questions during Question Hour, he explained that many projects of the ministry are related to procurement, where payments are often made on a one-time basis; therefore, funds are released accordingly under the agreed mechanism with the Finance Ministry.

He said several Public Sector Development Programme (PSDP) projects, including the revamping of the Digital Communication Department, were currently underway, and the Finance Division had extended full cooperation in this regard.

The minister added that the Finance Division is also ensuring the timely release of pension-related expenditures.

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However, he acknowledged that in some cases, fund disbursement did not fully correspond with actual requirements, as the Finance Division operates within its available fiscal space.

Tarar said the government will continue efforts to ensure full utilisation of quarterly allocations and timely completion of ongoing projects.

Replying to a supplementary question, he said the ministry had enhanced engagement with media and communication departments of universities to strengthen networking and policy coordination.

He added that the government is also introducing artificial intelligence (AI) programmes in collaboration with university media departments to align academic disciplines with emerging technological trends and communication needs.

The minister said suggestions from parliamentarians would also be incorporated to further improve coordination and modernisation in the media and communication sector.

APP/tsw-zah

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