The Faisalabad Development Authority (FDA) has reported a substantial increase in revenue collection for the fiscal year 2025-26, amassing Rs 1.0294 billion in various dues through an effective recovery campaign. This marks a significant improvement in the Authority's financial performance, as disclosed during a meeting convened on the directions of Director General FDA Muhammad Asif Chaudhry to review recovery performance and annual achievements.
Breakdown of Recoveries
The meeting, chaired by Additional Director General FDA Qaiser Abbas Rind, revealed that of the total recoveries, Rs 734.00 million was collected from the non-development sector, while Rs 295.4 million was recovered from the development sector. These figures represent a substantial increase compared to the previous fiscal year, though specific comparative numbers were not provided.
The recovered amount included development charges for housing schemes, building plan approval fees, payments received from plots sold through public auction, plot transfer fees, commercialization charges, land conversion fees, fines imposed on illegal constructions, ownership certificate fees, fees for the issuance of Town Planning (TP) reports, and various other charges.
Officials Express Satisfaction
Expressing satisfaction over the annual recovery performance, Additional Director General FDA Qaiser Abbas Rind stated that effective monitoring and continuous follow-up of revenue collection had produced encouraging results. He emphasized that a comprehensive and effective strategy would be essential to further enhance the Authority’s revenue sources during the next fiscal year.
Rind directed the concerned officers to utilize all available resources to achieve the revenue targets and ensure the timely recovery of outstanding dues under all circumstances. He stressed that no negligence or laxity in achieving the prescribed targets would be tolerated.
Context and Impact
The FDA's improved recovery performance comes amid broader efforts by development authorities in Pakistan to enhance financial sustainability. The funds collected will support infrastructure development and regulatory functions in Faisalabad, one of the country's major industrial cities.
Meanwhile, in a separate development, Suthra Punjab workers staged a protest demanding payment of their salaries, highlighting ongoing challenges in the region's public service sector.
