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• Chief Minister Murad reduces capital expenditure by 29pc to Rs720bn for next fiscal year

• Education, health, environment and social protection to take major hits

KARACHI: Sindh Chief Minister Murad Ali Shah on Wednesday cut development spending by a steeper 29 per cent to Rs720 billion for 2026-27, compared with the original estimates for the outgoing fiscal year.

Unveiling the budgetary proposals, Mr Murad announced reduced allocations for almost all key segments of the Annual Development Plan (ADP), including a 26pc, or Rs135bn, cut in the provincial contribution to Rs385bn for FY27, down from Rs520bn in FY26.