The federal government has spent Rs448.64 billion on development projects during the first nine months of FY 2024-25. This spending represents 50.2% of the total Rs1.1 trillion Public Sector Development Programme (PSDP) budget. The projects aim to boost infrastructure and services across the country, especially in underdeveloped regions. According to the Ministry of Planning, the […]
Public Sector Development Programme (PSDP
M-6 motorway project gets green light for 2025-26 budget
The M-6 Sukkur-Hyderabad Motorway will be added to the Public Sector Development Programme (PSDP) for 2025-26. The Ministry of Communications shared this update with the National Assembly’s Standing Committee. The project will be built in five phases and funded by international financial institutions. Work on the project is expected to begin soon. During the meeting, […]
NHA’s debt hits Rs3.1 trillion amid growing financial pressures
The National Highway Authority (NHA) is struggling with financial challenges, as its total debt climbs to Rs3.1 trillion. This year’s losses exceed Rs1.82 trillion. Despite having Rs5.8 trillion in assets, NHA’s revenues are only Rs54.15 billion, raising concerns about its sustainability. In a statement, Communications Minister Abdul Aleem Khan noted that NHA’s net deficit for […]