{"id":512460,"date":"2025-11-04T08:33:51","date_gmt":"2025-11-04T03:33:51","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=512460"},"modified":"2025-11-04T08:33:51","modified_gmt":"2025-11-04T03:33:51","slug":"development-budget-slashed-by-rs300b-to-record-low-of-rs700b-muzzammil","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/development-budget-slashed-by-rs300b-to-record-low-of-rs700b-muzzammil\/","title":{"rendered":"Development budget slashed by Rs300b to record low of Rs700b: Muzzammil"},"content":{"rendered":"<p>KP unaware on NFC reconstitution, seeks draft for consultation: KP Finance Advisor<br \/>\n Peshawar<br \/>\nAdvisor to the KP Chief Minister on Finance Muzzammil Aslam, has issued an important statement regarding the country\u2019s economy, saying that this year\u2019s development budget was already the lowest in national history in terms of GDP ratio, and now it has been further reduced by Rs300 billion to Rs700 billion.<br \/>\nMuzzammil Aslam said that Pakistan\u2019s total debt has increased by Rs. 35 trillion over the past four years, while federal development expenditures during this period remained below Rs. 4 trillion. He added that the public can easily gauge the country\u2019s level of debt and development from these figures.<br \/>\n\u201cEven in such circumstances, the government continues to claim improvement in the economy,\u201d he remarked, adding that under the current government, Pakistan\u2019s development has become nothing more than a dream.<br \/>\nIn a separate statement responding to Bilawal Bhutto Zardari\u2019s tweet regarding the 27th Constitutional Amendment, Muzzammil Aslam said that there is a need for national consensus on such amendments with complete honesty and integrity.<br \/>\nHe emphasized that broad-based consultation is essential for the country\u2019s progress. The KP Finance Adviser further stated that Khyber Pakhtunkhwa is completely unaware of the reconstitution of the NFC, and that a draft proposal is required for consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KP unaware on NFC reconstitution, seeks draft for consultation: KP Finance Advisor Peshawar Advisor to the KP Chief Minister on Finance Muzzammil Aslam, has issued an important statement regarding the country\u2019s economy, saying that this year\u2019s development budget was already the lowest in national history in terms of GDP ratio, and now it has been [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-512460","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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