ISLAMABAD, June 3 (Alliance News): The Annual Plan Coordination Committee, chaired by Federal Minister Ahsan Iqbal, approved key economic targets for the 2025–26 budget.
The committee set the economic growth rate target at 4.2 percent, with a plan to allocate Rs1,000 billion for federal development projects. The provinces will contribute an additional Rs609 billion.
Sources revealed that the federal government will borrow Rs270 billion from foreign sources for development financing, while all four provinces combined will borrow Rs802 billion.
Among provincial spending, Punjab leads with a Rs1,190 billion development program, followed by Sindh with Rs887 billion, Khyber Pakhtunkhwa with Rs440 billion, and Balochistan with Rs280 billion.
Under the Federal Development Program, Rs662 billion will be allocated to ministries.
The National Highway Authority (NHA) will receive Rs228 billion, the Power Division Rs104 billion, and the Water Resources Division Rs140 billion. SUPARCO is set to get Rs24 billion, and the Cabinet Division will receive Rs50.33 billion.
Rs245 billion has been earmarked for provinces and special areas, with Rs93.44 billion designated for provincial projects.
Over Rs70 billion will go to the merged districts, Rs82 billion for Azad Jammu and Kashmir and Gilgit-Baltistan.
Further allocations include Rs19 billion for Federal Education and Professional Training, Rs11 billion for the Defence Division, Rs42 billion for the Higher Education Commission, and Rs24 billion for the Railways.
The Planning and Development Division, National Health Services, Interior Ministry, and Information Ministry will receive Rs12 billion, Rs12 billion, Rs10.9 billion, and Rs4.33 billion, respectively.
