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 […]
social sector
Development fund utilisation jumps to 21% in first half
The utilisation of Pakistan’s federal development funds surged to 21 per cent in the first half of the current fiscal year (FY26), up from 9 per cent in the previous month, according to the Ministry of Planning and Development. Read More: SECP operationalises Capital Market Development Fund Between July and December 2025, ministries and divisions sanctioned […]