{"id":52435,"date":"2019-05-30T14:14:25","date_gmt":"2019-05-30T09:14:25","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52435"},"modified":"2019-05-30T14:14:25","modified_gmt":"2019-05-30T09:14:25","slug":"nec-approves-pkr-1-837-trillion-development-outlay","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nec-approves-pkr-1-837-trillion-development-outlay.html","title":{"rendered":"NEC approves PKR 1.837 trillion development outlay"},"content":{"rendered":"<p>Islamabad: The National Economic Council (NEC) has approved a national development programme amounting to PKR 1.837 trillion for the (fiscal year) FY2019-20, a news source reported.<\/p>\n<p>Prime Minister (PM) Imran Khan chaired a meeting of the economic council. The participants, besides setting an economic growth rate target of 4%, also approved in principle the 12<sup>th<\/sup> five-year plan (2018-23).<\/p>\n<p>Read: <a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/pkr-17-bn-project-linking-gwadar-national-grid-included-budget.html\" target=\"_blank\" rel=\"noopener noreferrer\">PKR 17 bn project linking Gwadar &amp; national grid included in budget<\/a><\/p>\n<p>The officials concerned informed the prime minister that the annual growth rate of 4% is based on sectoral growth rate targets of agriculture (3.5%), industry (2.2%), and services sector (4.8%).<\/p>\n<p>The council approved the PKR 1.837 trillion National Development Outlay 2019-20. Out of said amount, the meeting allocated PKR 925 billion for the Public Sector Development Programme (PSDP) and PKR 912 billion for the provincial annual development programmes (ADPs).<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/govt-to-introduce-taxes-worth-pkr-775-bn-in-fy-2019-20.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt to introduce taxes worth PKR 775 bn in FY 2019-20<\/a><\/p>\n<p>Moreover, the government has decided to raise PSDP funds worth PKR 250 billion through a public-private partnership basis. The executive will be responsible for the provision of land and the private sector will make investments on a Build, Operate and Transfer (BOT) basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The National Economic Council (NEC) has approved a national development programme amounting to PKR 1.837 trillion for the (fiscal year) FY2019-20, a news source reported. Prime Minister (PM) Imran Khan chaired a meeting of the economic council. The participants, besides setting an economic growth rate target of 4%, also approved in principle the 12th five-year plan (2018-23). Read: PKR 17 bn project linking Gwadar &amp; national grid included in budget The officials concerned informed the prime minister that the annual growth rate of 4% is based on sectoral growth rate targets of agriculture (3.5%), industry (2.2%), and services sector (4.8%). The council approved the PKR 1.837 trillion National Development Outlay 2019-20. Out of said amount, the meeting allocated PKR 925 billion for the Public Sector Development Programme (PSDP) and PKR 912 billion for the provincial annual development programmes (ADPs). Read:\u00a0Govt to introduce taxes worth PKR 775 bn in FY 2019-20 Moreover, the government has decided to raise PSDP funds worth PKR 250 billion through a public-private partnership basis. The executive will be responsible for the provision of land and the private sector will make investments on a Build, Operate and Transfer (BOT) basis.<\/p>\n","protected":false},"author":18,"featured_media":52436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"persona":[],"class_list":["post-52435","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NEC approves PKR 1.837 trillion development outlay - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The National Economic Council (NEC) has approved a national development programme amounting to PKR 1.837 trillion for the (fiscal year)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/nec-approves-pkr-1-837-trillion-development-outlay.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEC approves PKR 1.837 trillion development outlay - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The National Economic Council (NEC) has approved a national development programme amounting to PKR 1.837 trillion for the (fiscal year)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nec-approves-pkr-1-837-trillion-development-outlay.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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