Budget cut strategy ready to convince IMF

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In connection with the negotiations between Pakistan and the IMF, a strategy was prepared to cut the federal development budget of 727 billion rupees.

According to sources, it has been decided to maintain slowness in releasing funds for development projects.

Sources say that the strategy of cutting the budget may affect many projects of different ministries, including projects related to health, education, housing, food, and climate change.

In this regard, the sources say that the development budget may decrease up to 350 billion.

According to sources, only 151 billion rupees have been spent in the first 6 months.

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