Islamabad:
The federal government planned to allocate more than RS1 trillion in the next year’s budget for various development projects, including hundreds of billions of rupees for road infrastructure and water and power projects, and significant means of promoting higher education.
According to sources, a meeting of the annual plan Coordination Committee (APCC) has been called on June 2 to complete the public sector development program (PSDP) and the annual development plan (ADP) for the financial year 2025-26.
The plans will be forwarded to the National Economic Council (NEC) – which will be led by the Prime Minister – for their approval this week. Following the NEC approval, the development schemes will be made part of the Federal Budget 2025-26 due to being revealed on June 10.
The total outlay of the development budget is expected to be more than RS1 trillion, according to the sources.
According to the proposed PSDP, they said the allocation of RS170 billion has been proposed for road construction, RS140 billion for water projects and RS105 billion to the power department.
