754 billion rupees allocated for ministries’ development projects, PM plans 200 billion increase.
Islamabad: (Right Now News) An estimated 754 billion rupees have been allocated for the development projects of Pakistan’s ministries and divisions for the upcoming fiscal year. The National Highway Authority and Power Division will receive 355 billion rupees.
The National Highway Authority is allocated 264 billion rupees, and the Power Division is allocated 91 billion rupees. The Water Resources Division will receive 179 billion rupees, while 251 billion rupees are set aside for provinces and special regions.
Additionally, 99 billion rupees are allocated for provincial projects, 66 billion for merged districts, and 86 billion for Azad Jammu and Kashmir and Gilgit-Baltistan.
Prime Minister Shehbaz Sharif aims to increase the development budget by 200 billion rupees, while the FBR has refused to collect additional revenue. The IMF has demanded a higher revenue target to increase the PSDP size.
It is noteworthy that the development budget in Pakistan aims to improve infrastructure, education, and other sectors across various divisions. This budget is crucial for the country’s economy.














