Annual Plan Coordination Committee sets budget for fiscal year 2024-25

The federal government has set the date for the Annual Plan Coordination Committee (APCC) meeting on May 31 to conclude the budget for the fiscal year 2024-25. This meeting holds significant importance as it will determine the financial allocations for various development projects across the country. The planning ministry has presented two proposals for the Public Sector Development Programme (PSDP), outlining a total financial requirement of Rs2.44 trillion for a total of 1,370 development projects.

The APCC meeting serves as a platform where key stakeholders come together to review and finalize the budget allocations for crucial development initiatives. The proposed budget of Rs2.44 trillion reflects the government's commitment to investing in infrastructure, education, healthcare, and other sectors to drive economic growth and improve the quality of life for citizens.

The upcoming APCC meeting on May 31 marks a pivotal moment in shaping the development landscape of the country for the fiscal year 2024-25. With a substantial financial requirement of Rs2.44 trillion for over 1,300 projects, the government's focus on prioritizing development and progress is evident. Stay tuned for updates on the outcomes of the meeting and the impact it will have on the nation's growth trajectory.