The federal government will allocate over a trillion for the development budget in the upcoming fiscal year 2025-26, with preparations underway for the Annual Plan Coordination Committee (APCC) meeting scheduled for June 2.
The proposed development budget of Rs1, 065 billion on uplift projects, with Rs170 billion for the National Highway Authority (NHA) and Rs140 billion for water resources projects.
According to sources, the Power Division is set to receive Rs105 billion, while Rs50 billion is proposed for higher education initiatives.
They added that the development budget of Rs4 billion is suggested for National Food Security projects, Rs3 billion for the Ministry of Information and Broadcasting, and Rs3 billion each for industry and production sectors.
The sources said that further allocations include Rs3.5 billion for maritime affairs and Rs1.5 billion for inter-provincial connectivity projects.
The sources confirmed that the proposals will be presented for approval at the Annual Plan Coordination Committee meeting, aiming to bolster infrastructure and economic growth across various sectors in the next fiscal year.
