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 […]
Annual Development Programme
Punjab to unveil Rs5.3 trillion budget today
The Punjab government is set to present its budget for the fiscal year 2026-27 today, with a proposed outlay exceeding Rs5.3 trillion and no new taxes expected to be imposed on citizens. The budget will be presented during the 43rd session of the Punjab Assembly by Provincial Finance Minister Mian Mujtaba Shuja-ur-Rehman. Alongside the annual […]
National Economic Council Approves Development Plan and Economic Targets
The National Economic Council (NEC), chaired by Prime Minister Shehbaz Sharif, has approved key economic targets and the Annual Development Programme for the upcoming fiscal year. The approval of the Annual Development Programme comes as the government seeks to strengthen economic growth, improve public services, and address national security and development challenges. The meeting was […]