The National Economic Council meeting was postponed as the government continued negotiations with the Pakistan Peoples Party over key budget and development issues. Officials said the delay occurred because both sides have not yet finalized consensus on critical financial matters ahead of the upcoming fiscal budget. Originally, the NEC meeting was scheduled to approve the […]
NEC meeting
PM seeks bigger development budget ahead of FY27
ISLAMABAD: Prime Minister Shehbaz Sharif has directed economic authorities to increase the proposed federal Public Sector Development Programme (PSDP) allocation for the fiscal year 2026-27 by Rs200 billion, signalling the government’s intention to boost spending on development projects despite fiscal constraints. Read More: Provinces propose record Rs3.14 trillion development budget According to sources, the prime minister […]
KP, Sindh and Balochistan CMs walkout of NEC meeting, accuse govt of bias
ISLAMABAD: Controversy marred the National Economic Council’s (NEC) meeting on Tuesday when the Chief Ministers of Khyber Pakhtunkhwa, Sindh and Balochistan walked out of the meeting. The three CMs claimed that the incumbent government was distributing development funds on a political basis and were favouring PML-N legislators over members of other parties. While addressing a […]
PM Abbasi chairs NEC meeting to review govt progress
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Wednesday chaired National Economic Council (NEC) meeting at PM office, in which enhancement of sanctioning powers of development fora of Azad Jammu & Kashmir, Gilgit Baltistan and FATA was approved. During the meeting, it was announced that sanctioning limit for Development Working Party (DWP) of the three regions […]