{"id":2157,"date":"2025-06-05T10:39:37","date_gmt":"2025-06-05T05:39:37","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=2157"},"modified":"2025-06-05T05:43:49","modified_gmt":"2025-06-05T00:43:49","slug":"nec-set-to-approve-pkr-3795-billion-development-budget-and-fy26-economic-targets","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/05\/nec-set-to-approve-pkr-3795-billion-development-budget-and-fy26-economic-targets","title":{"rendered":"NEC Set to Approve PKR 3,795 Billion Development Budget and FY26 Economic Targets"},"content":{"rendered":"<p data-start=\"184\" data-end=\"815\"><strong>ISLAMABAD: The National Economic Council (NEC) is expected to approve a massive PKR 3,795 billion development budget for the fiscal year 2025\u201326, according to official sources.<\/strong><\/p>\n<p data-start=\"184\" data-end=\"815\">This significant move highlights the federal and provincial governments\u2019 focus on infrastructure, public services, and economic expansion through targeted development funding.<\/p>\n<p data-start=\"184\" data-end=\"815\">The meeting will be chaired by Prime Minister Shehbaz Sharif, with all four provincial chief ministers \u2014 including Punjab CM Maryam Nawaz Sharif, Sindh CM Murad Ali Shah, KP CM Ali Amin Gandapur, and Balochistan CM Sarfraz Bugti \u2014 expected to attend.<\/p>\n<p data-start=\"184\" data-end=\"815\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2161\" src=\"https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-776x1024.jpeg\" alt=\"Pakistan budget 2025, NEC development plan, economic growth targets\" width=\"776\" height=\"1024\" srcset=\"https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-776x1024.jpeg 776w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-227x300.jpeg 227w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-768x1013.jpeg 768w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-1164x1536.jpeg 1164w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-1553x2048.jpeg 1553w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.50-scaled.jpeg 1941w\" sizes=\"auto, (max-width: 776px) 100vw, 776px\" \/><\/p>\n<h3 data-start=\"817\" data-end=\"865\">Provincial and Federal Allocations Breakdown<\/h3>\n<p data-start=\"867\" data-end=\"1239\">The federal government is projected to receive PKR 1,000 billion in development spending under the new budget. At the provincial level, Punjab is allocated the highest share with an expected budget of PKR 1,188 billion, followed by Sindh at PKR 887 billion, Khyber Pakhtunkhwa with PKR 440 billion, and Balochistan with PKR 280 billion.<\/p>\n<p data-start=\"1241\" data-end=\"1610\">Sources also indicate that approval will be given for several Public-Private Partnership (PPP) projects, aimed at increasing investment and reducing reliance on government funding for major infrastructure initiatives.<\/p>\n<p data-start=\"1241\" data-end=\"1610\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-2160\" src=\"https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-1024x653.jpeg\" alt=\"Pakistan budget 2025, NEC development plan, economic growth targets\" width=\"1024\" height=\"653\" srcset=\"https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-1024x653.jpeg 1024w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-300x191.jpeg 300w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-768x490.jpeg 768w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-1536x980.jpeg 1536w, https:\/\/youdigital.pk\/en\/assests\/2025\/06\/WhatsApp-Image-2025-06-05-at-05.35.49-2048x1307.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p data-start=\"1241\" data-end=\"1610\">The NEC will also formally approve the upcoming Five-Year Development Plan, setting the direction for medium-term economic planning and growth.<\/p>\n<h3 data-start=\"1612\" data-end=\"1660\">Key Economic Targets for Fiscal Year 2025\u201326<\/h3>\n<p data-start=\"1662\" data-end=\"1943\">The NEC is poised to set a GDP growth target of 4.2% for FY26, with sector-specific targets also being finalized. The agriculture sector is expected to aim for 4.5% growth, while industrial growth will be targeted at 4.3%, and the services sector at 4%.<\/p>\n<p data-start=\"1945\" data-end=\"2176\">On the external front, the exports target is likely to be fixed at $35 billion, while imports are projected at $65 billion. Remittances are expected to contribute significantly, with a target of $39 billion.<\/p>\n<p data-start=\"2178\" data-end=\"2304\">These targets and allocations, once approved, will form the backbone of Pakistan\u2019s development and economic strategy for FY26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The National Economic Council (NEC) is expected to approve a massive PKR 3,795 billion development budget for the fiscal year 2025\u201326, according to official sources. This significant move highlights the federal and provincial governments\u2019 focus on infrastructure, public services, and economic expansion through targeted development funding. The meeting will be chaired by Prime Minister &hellip;<\/p>\n","protected":false},"author":6,"featured_media":2158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1038,160,1037,1036],"class_list":["post-2157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-economic-growth-targets","tag-headline","tag-nec-development-plan","tag-pakistan-budget-2025"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=2157"}],"version-history":[{"count":2,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2157\/revisions"}],"predecessor-version":[{"id":2162,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2157\/revisions\/2162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/2158"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=2157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=2157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=2157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}