Finance Minister Muhammad Aurangzeb has presented Pakistan’s federal budget for fiscal year 2026-27 with a total outlay of Rs18.77 trillion, outlining measures aimed at maintaining economic stability, supporting development and strengthening fiscal discipline. Presenting the budget in the National Assembly of Pakistan, the minister said the government’s economic strategy focuses on controlling inflation, improving revenue […]
PSDP
PSDP 2026-27 earmarks Rs 1,000 million for Islamabad Model Prison project
The federal government has allocated Rs1,000 million for the ongoing construction of the Model Prison in H-16, Islamabad, under the Public Sector Development Programme (PSDP) 2026-27 to strengthen correctional infrastructure and improve prison management facilities in the federal capital. According to Budget 2026-27 documents release on Friday , the project is being implemented under the […]
Government unveils Rs 1 trillion PSDP for FY27
Pursuing a strategy of balanced and inclusive development across the country, the federal government on Friday unveiled Federal Public Sector Development Programme (PSDP) of Rs 1 trillion. A significant portion of the PSDP has been earmarked for infrastructure development, including projects in the energy, railways, highways and motorways, aviation, and ports sectors. The government has […]
Govt specifies Rs 10,902 million for Defence Division in PSDP 2026-2027
The federal government has allocated a sum of Rs 10,902.500 million in the Public Sector Development Programme (PSDP) for fiscal year 2026-27 for 19 ongoing and 12 new schemes for Defence Division. According to the budgetary document PSDP released here on Friday, for ongoing schemes, an amount of Rs 2,550 million has been earmarked for […]
IMF talks over PSDP likely to delay budget until June 10
The federal government has revised the schedule for the upcoming budget for the fiscal year 2026-27, with the presentation now expected on June 10 instead of June 5, sources said on Tuesday. According to official sources, the change comes amid ongoing negotiations with the International Monetary Fund (IMF) over the Public Sector Development Programme (PSDP) […]
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 […]
Federal development budget slashed by Rs173bn amid IMF pressure
Pakistan’s federal development budget has been reduced by Rs173 billion amid pressure from the International Monetary Fund and the economic impact of ongoing Middle East tensions, officials said on Wednesday. Read More: Federal development spending remains slow in first five months According to the Ministry of Planning, the Public Sector Development Programme (PSDP) has been cut […]
Pakistan cuts development budget by 10% to fund fuel subsidy
ISLAMABAD — The government of Pakistan has reduced the current fiscal year’s development budget by 10%, trimming the Public Sector Development Programme (PSDP) from Rs1,000 billion to Rs900 billion, with the savings earmarked for austerity measures and fuel subsidies, The News reported on Thursday. Read More: Pakistan proposes Rs4,083 billion national development budget The decision comes amid […]
Debt servicing outpaces defence, development spending in H1 of CFY26
ISLAMABAD: Debt servicing in Pakistan continued to outstrip spending on defence and development during the first half of the current fiscal year (July–December CFY26), raising concerns over fiscal pressures under the International Monetary Fund (IMF) programme, The News reported on Saturday. Read More: Pakistan hits milestone by repaying debt early According to data released by the Ministry […]
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 […]