KARACHI: A Chief Minister’s Inspection Team report has uncovered financial irregularities exceeding Rs8 billion in the Karachi Yellow Line Bus Rapid Transit (BRT) project, terming the matter a serious case of administrative and financial mismanagement. The report, which examined the Karachi Mobility Project (KMP) for the Yellow Line corridor connecting Quaidabad’s Dawood Chowrangi to Numaish, […]
infrastructure projects
Punjab cuts development budget by 40% for FY27
LAHORE: The Punjab government has unveiled a significantly reduced Annual Development Programme (ADP) of Rs752 billion for the fiscal year 2026-27, marking a nearly 40 per cent decline from last year’s Rs1.24 trillion development budget. The reduction comes after the province surrendered Rs749 billion to the federal government, resulting in tighter fiscal space for development […]
Sports sector gets modest funding in federal budget
The sports sector appears set to receive limited support in the proposed federal budget for 2026-27, with only Rs1.5 billion recommended for sports-related development projects. The allocation has raised concerns among stakeholders who believe stronger investment is needed to improve facilities, nurture talent, and accelerate infrastructure development across the country. Budget proposals show that the […]
Federal budget proposes funding for Karachi development projects
The federal government has proposed allocating funds in the upcoming budget for several ongoing and new development projects in Karachi, focusing on transport, infrastructure, healthcare and education initiatives. Read More: Housing ministry faces major Rs8.62bn budget cut in Pakistan According to budget documents, a proposed allocation of Rs1.98 billion has been earmarked for the city’s Green Line […]
Sindh approves funds for water and infrastructure projects
The Sindh cabinet has approved additional funding for water supply, drainage and infrastructure projects, alongside new allocations aimed at strengthening security and improving public services across the province. Read More: Govt speeds up work to add 8 MAF water storage through mega dams The decisions were made during a cabinet meeting chaired by Sindh Chief Minister Syed […]
Nawaz Sharif vows development push for Gilgit-Baltistan
Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif has pledged to accelerate development and economic growth in Gilgit-Baltistan, saying the region deserves greater attention after years of neglect. Addressing a public gathering in Gilgit, he emphasized that his political approach is based on performance and public service rather than criticism of political rivals, urging voters to […]
Provinces propose record Rs3.14 trillion development budget for 2026-27
Pakistan’s four provinces have collectively proposed a development budget of Rs3,138 billion for the fiscal year 2026-27, reflecting an increase of Rs76 billion compared to the current year. The plan highlights a continued push toward infrastructure expansion, public services improvement, and broader regional development priorities. According to budget documents, provincial governments will finance most of […]
PM seeks stronger Chinese investment under CPEC II
BEIJING: Prime Minister (PM) Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to expanding economic and industrial cooperation with China during a series of meetings with leading Chinese companies in Beijing under the framework of CPEC Phase II. Read More: Pakistan, China push forward next CPEC phase The prime minister, currently on a four-day official visit to China, met senior […]
UAE-Pakistan CEPA near completion to boost trade
Pakistan and the United Arab Emirates are reportedly in the final stages of signing a Comprehensive Economic Partnership Agreement (CEPA) aimed at enhancing bilateral trade and removing longstanding business obstacles. Speaking at the Lahore Chamber of Commerce & Industry, UAE Ambassador Salem Mohammed Al Zaabi said the CEPA would significantly strengthen economic ties, streamline trade […]
PPP raises concerns over federal takeover of Punjab motorway
ISLAMABAD: The Pakistan People’s Party (PPP) criticised the federal government in the National Assembly on Wednesday over its takeover of the Rs465 billion Lahore-Bahawalnagar Motorway project in Punjab, raising concerns over provincial autonomy and fiscal protocols. Read More: No PSDP funds diverted to Bahawalpur Motorway project PPP lawmakers Syed Naveed Qamar and Dr Sharmila Faruqui questioned […]