BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.00 Decreased By ▼ -1.32 (-2.3%)
BOP 30.09 Decreased By ▼ -0.26 (-0.86%)
CNERGY 12.95 Decreased By ▼ -0.17 (-1.3%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 51.50 Decreased By ▼ -1.29 (-2.44%)
FFL 14.47 Decreased By ▼ -0.25 (-1.7%)
FNEL 1.22 Increased By ▲ 0.10 (8.93%)
KEL 6.03 Decreased By ▼ -0.06 (-0.99%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.00 Decreased By ▼ -2.16 (-2.32%)
NBP 164.00 Decreased By ▼ -0.66 (-0.4%)
NCPL 53.00 Decreased By ▼ -2.66 (-4.78%)
NPL 59.40 Decreased By ▼ -1.76 (-2.88%)
OGDC 313.67 Decreased By ▼ -3.06 (-0.97%)
PACE 9.72 Decreased By ▼ -0.15 (-1.52%)
PAEL 35.27 Decreased By ▼ -0.36 (-1.01%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.18 Decreased By ▼ -5.73 (-2.53%)
PRL 90.91 Decreased By ▼ -2.11 (-2.27%)
PTC 58.53 Decreased By ▼ -1.73 (-2.87%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.78 Increased By ▲ 0.03 (0.34%)
TELE 7.60 Decreased By ▼ -0.20 (-2.56%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.60 Decreased By ▼ -0.37 (-2.85%)
TREET 21.77 Decreased By ▼ -0.39 (-1.76%)
TRG 55.91 Decreased By ▼ -0.65 (-1.15%)

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday urged more efficient use of development funds, even as official data show that nearly half of the country’s allocations remain unspent, highlighting ongoing concerns over the pace of economic recovery.

Chairing a steering committee meeting of the Sustainable Development Goals (SDGs) Achievement Programme (SAP), Dar expressed satisfaction with the programme’s outcomes and stressed that any savings from previous years be reinvested within the same sector and province.

He also called for greater involvement of local communities in identifying infrastructure projects, emphasising that SAP funds should serve the best interest of the people.

According to the Monthly Development Update (May 2026), during the first 10 months of the fiscal year, only 56 percent of Public Sector Development Programme (PSDP) allocations were released, with actual utilisation trailing by about 18 percent.

The PSDP outlay for FY26 was revised down to Rs837.2 billion from Rs1.01 trillion due to fiscal pressures, including the economic impact of the ongoing conflict in the Middle East. While overall utilisation remains below the government’s disbursement schedule, it has improved slightly from the same period last year.

Spending on parliamentarians’ schemes under SAP was comparatively strong, with nearly 70 percent of the Rs63 billion allocations released and largely utilised within five months.

However, regional disparities persist, as the merged districts of the former FATA received just 31 percent of their annual allocation, while AJK and Gilgit-Baltistan utilised 89 percent of theirs.

Officials say the participatory approach aims to align development projects with local needs, from health and education initiatives to transport and utilities.

The meeting was attended by the Minister for Inter-Provincial Coordination, the Minister for Parliamentary Affairs, Tariq Bajwa, the Special Assistant to the Prime Minister on Finance, Shazia Marri MNA, the Secretary Cabinet Division, and senior officials from relevant ministries.

Copyright Business Recorder, 2026

Comments

200 characters remaining