Development budget: key features

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"Our institutions will be strengthened and 2019-20 will be the year of change," Azhar says. "The govt will avoid taking loans from the SBP to cover shortfalls, while inflation will be targeted to be kept between 5-7pc."

DEVELOPMENT BUDGET:

  • The National Development Programme will have a total size of Rs1,800bn
  • Of this, Rs950bn will be spent by federal
  • Rs70bn on dam projects; Rs15bn and 20bn respectively for Bhasha and Mohmand dam land acquisition
  • Rs55bn for Dasu hydro power project
  • Rs24bn have been earmarked for Havelian Thakot motorway
  • Samrial Kharian motorway to also be constructed
  • Govt has earmarked Rs60bn for human development
  • Higher education will receive Rs45bn
  • Agriculture will receive Rs1.2tr in the federal development budget
  • Rs45.5bn have been set aside for nine projects in Karachi
  • Balochistan development package to get Rs10.4bn and Rs30bn for water projects

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