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More delay feared in preparations of budget

Islamabad: More delay feared in this year 2024-2025 budget preparations as Federal Minister of planning Ahsan Iqbal has expressed concerns over not consulting him on the budget.

The Annual Plan Coordination Committee (APCC) has approved development budget on May 31.

It is likely that the meeting will be called again.

The Annual Plan Coordination Committee (APCC) has approved Rs 1,221 billion federal Public Sector Development Program (PSDP) for the next fiscal year and set a growth target of 3.6 percent and stated that growth prospects hinges upon political stability, exchange rate, macroeconomic stabilisation under the International Monetary Fund (IMF) programme and expected fall in global oil and commodity prices.