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HomeNewsNEC Meeting Postponed, Federal Budget Presentation May Be Delayed

NEC Meeting Postponed, Federal Budget Presentation May Be Delayed

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The National Economic Council meeting that was supposed to happen tomorrow with Prime Minister Shehbaz Sharif in charge has been postponed.

The people in charge have said that they will tell us the date later.

This means that the federal budget might be presented late.

The National Economic Council meeting was going to talk about and approve economic and development plans for the next year.

Now the government has decided to change the schedule and delay talking about big budget proposals.

The National Economic Council meeting was also going to approve the national development budget which’s around Rs4.715 trillion.

The government is thinking about increasing the development budget from Rs1.126 trillion to Rs1.326 trillion.

If they say yes to this it will mean that the Public Sector Development Programme will get money for the next year.

The delay in the National Economic Council meeting has also made it unclear when the federal budget session will happen.

Far the National Assembly Secretariat and the Senate Secretariat have not sent out any official notices about the budget session.

The budget documents show that around Rs72.7 billion has been suggested for development projects under the Cabinet Division and Establishment Division.

Out of this money Rs70 billion will be used by members of parliament for development projects that’re part of the Sustainable Development Goals programme.

Another Rs2 billion will be used for development projects managed by the Cabinet Division.

For the Establishment Division around Rs1.7 billion has been suggested for projects.

These projects include:

  • Rs56 million to improve Parliament Lodges
  • Rs5.5 billion to fix and modernize the National Archives of Pakistan
  • Rs194 million to use energy and make things more energy efficient
  • More than Rs1.58 billion for the Islamabad Technopolis project
  • Over Rs700 million to make the Federal Public Service Commissions examination system digital
  • Rs167 million for a hostel for working women in Islamabad
  • More than Rs820 million for places for women officers to live

These projects are part of the governments plan for development in the next year.

The timeline for presenting the budget is still not clear.

The people in the government think that June 8 or June 12 are the most likely days for presenting the budget in the National Assembly.

The National Economic Council meeting being postponed has made it hard to know when the federal budget will be presented.

The National Economic Council meeting and the federal budget are very important for the countrys development.

The government needs to tell us when the National Economic Council meeting will happen again and when the federal budget will be presented.

The federal budget and the National Economic Council meeting are closely related.

The National Economic Council meeting was supposed to talk about the budget and now it has been postponed.

This has made it hard to know when the federal budget will be presented.

The government should tell us when the National Economic Council meeting will happen again.

The federal budget is important for the country and the National Economic Council meeting is important, for the budget.

The National Economic Council meeting and the federal budget are connected.

The National Economic Council meeting being postponed has affected the budget.

The government needs to tell us what is going on with the National Economic Council meeting and the federal budget.

Metro Live

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