NEC under PM okays PKR 2,101Bn outlay: PKR 900Bn for Centre, PKR 1201Bn for provinces approved

NEC has approved the macroeconomic framework for Annual Plan 2021-22, also the GDP growth projections for FY22, whereas the proposed growth target of 4.8% was approved with sectoral growth targets of 3.5% for agriculture, 6.5% for industrial sector, and 4.7% for the services sector. The revised estimate for the total development outlay of the ongoing year is PKR 1,527Bn. As against this, the total development outlay for FY22 would be over PKR 2,100Bn, including PSDP of PKR 900Bn. This includes PKR 244Bn for transport & communications, PKR 118Bn for energy, PKR 91Bn for water resources, PKR 113Bn for social sector, PKR 100Bn for regional equalisation, PKR 31Bn for science and technology and IT sector, PKR 68Bn for SDGs and PKR 17Bn for production sector.

8/6/2021