Finance ministry allocates Rs1.126 trillion for PSDP 2026-27
Key takeaways
- He emphasized the need to prioritize and complete ongoing development projects, noting that limited fiscal space and a growing throw-forward burden have made it impossible to finance all proposed schemes under the PSDP.
- Ahsan Iqbal said some lower-priority projects may not be accommodated due to resource constraints, adding that the government’s foremost priority is the completion of ongoing development programmes.
- Highlighting the scale of the challenge, he said the federal development portfolio currently carries a throw-forward of nearly Rs10 trillion.
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Add ARY News on Google AAResize ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the Ministry of Finance has allocated Rs1.126 trillion for the Public Sector Development Programme (PSDP) for the fiscal year 2026-27.
Addressing the Annual Plan Coordination Committee (APCC) meeting on the upcoming budget, the minister said the allocation falls significantly short of development funding requirements, posing a major challenge for the government’s planning and development agenda.
He emphasized the need to prioritize and complete ongoing development projects, noting that limited fiscal space and a growing throw-forward burden have made it impossible to finance all proposed schemes under the PSDP.