Govt announces Rs1tr for Public Sector Development Programme, Rs2.2tr for provincial programmes, and Rs450bn for state-owned enterprises.
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• Govt announces Rs1tr for PSDP, Rs2.2tr for provincial programmes, and Rs450bn for SOEs
• Three key motorways, Main-Line 1 track, K-IV water scheme among mega-projects being financed
• Major allocations for AJK, GB & tribal districts
ISLAMABAD: The government on Friday announced a Rs3.675 trillion development budget for the next fiscal year, with hardly any new uplift projects.
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Only Rs1.13tr allocated to PSDP against Rs4.1tr requirement; minister terms shortfall "new circular debt crisis"; Record…
Overall development outlay slashed by 25pc to Rs3.218tr; no new projects except for interior, defence ministries; federal PSDP…
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Overall development outlay cut to Rs837.2bn from Rs1.01tr due to fiscal constraints.
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