HomeHealthFunds for MNAs schemes likely to be slashed | Vopbuzz.com

Funds for MNAs schemes likely to be slashed | Vopbuzz.com

ISLAMABAD:

The federal government is likely to make significant changes to the Public Sector Development Programme (PSDP) for the upcoming fiscal year 2024-25, keeping in mind the conditions set by the International Monetary Fund (IMF).

Among the most prominent proposals is to end funding for discretionary development programmes for members of parliament.

Sources said a healthy Rs 61 billion had been allocated for parliamentary programmes this election year. However, under the guidance of the IMF and the World Bank, the government is set to stop funding these and other provincial projects.

Notably, the budget for health development is set to see a significant reduction, going down from Rs 26 billion to Rs 17 billion. The education sector is also affected, with a proposed allocation of Rs 32 billion, down from the previous Rs 83 billion.

Infrastructure development will also face significant cuts. The budget for roads, highways and expressways is proposed to be cut to Rs 173 billion from an earlier allocation of Rs 245 billion.

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