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ISLAMABAD: The government is scheduling meetings of the Annual Plan Coordination Committee (APCC) and the National Economic Council (NEC) in the first week of June to clear a consolidated national development programme of more than Rs3.5 trillion and a macroeconomic framework envisaging an economic growth rate of 4.1 per cent with an elevated inflation rate of 8.5pc for the next fiscal year.

Informed sources said the APCC meeting, to be presided over by the planning and development minister, was being scheduled for June 1, to be followed by the NEC meeting, led by the prime minister, on June 3. The schedule hints that presentation of the federal budget to parliament may slip to the second week of June from the first week, as earlier contemplated by the authorities concerned.

The delay in the APCC and NEC meetings, earlier planned for May 20 and 22, is being attributed to the prime minister’s availability before Eidul Azha because of his other pressing engagements.

Schedules APCC, NEC meetings early next month