Pakistan to spend Rs2.1 trillion on development projects ...United Arab Emirates

Islamabad: Pakistan’s top economic decision-making body has approved a Rs2.1 trillion development budget for the financial year 2021-22. This indicates an increase of 61 per cent as compared to the current year’s allocation of Rs1.32 trillion. Chaired by Prime Minister Imran Khan, the meeting of the National Economic Council (NEC) decided that the provinces would spend Rs1.2 trillion from their own resources for public development projects while the federal government has allocated Rs900 billion for the federal Public Sector Development Programme (PSDP). Allocations * Nearly Rs509 billion out of Rs900b is earmarked for infrastructure development in the housing, water and transport s

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