BUDGET 2026-27: Only half of FY26 uplift budget spent in 11 months

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• PSDP utilisation from July 2025 to May 2026 stands at Rs529.8bn, against Rs1.01tr allocation

• Govt cuts development outlay by Rs173bn to finance fuel subsidies after Mideast conflict pushed up oil prices

• Only Rs153.86bn spent on uplift activities in special regions

ISLAMABAD: Amid a 17 per cent cut in allocations during the outgoing fiscal year, the government and its agencies struggled to implement the Public Sector Development Programme (PSDP), utilising only about half of the budget earmarked for public welfare projects during the first 11 months of FY26.