ISLAMABAD
\nPreparations for the federal budget 2026-27 have entered a crucial stage, with the Annual Plan Coordination Committee (APCC) scheduled to meet on Monday to review development priorities and major economic targets for the coming fiscal year.
\nFederal Minister for Planning and Development Ahsan Iqbal will chair the meeting, which is expected to shape key recommendations for the upcoming budget and annual economic plan.
\nAccording to sources, the committee will examine the country\u2019s development strategy and major economic goals for the next financial year. The meeting will focus on setting key macroeconomic targets that will guide the federal budget and development agenda for 2026-27.
\nOfficials are expected to discuss economic growth projections, sectoral performance targets and development priorities.
\nDecisions expected on PSDP, provincial development
\nThe committee will consider matters related to the federal Public Sector Development Programme (PSDP) as well as provincial development plans.
\nImportant decisions are expected regarding the allocation of development resources and coordination between federal and provincial governments.
\nThe meeting will also review proposals for new development initiatives and ongoing public sector projects.
\nBudget allocations for ministries under review
\nSources said the APCC will recommend budget allocations for various federal ministries and divisions.
\nThese recommendations will help determine how development funds are distributed across different sectors and government departments in the upcoming fiscal year.
\nFederal development budget size
\nOne of the key agenda items will be determining the size of the federal development budget.
\nThe committee is also expected to set the GDP growth target for the next fiscal year, which will serve as a benchmark for economic planning and policy implementation.
\nThe meeting will establish growth targets for Pakistan\u2019s agriculture, industrial and services sectors. These sectors are considered critical to economic expansion, employment generation and overall national development.
\nOfficials will assess expected performance and set goals aimed at supporting sustainable economic growth.
\nInflation target to be set
\nThe APCC is also expected to determine the average inflation target for the upcoming financial year. The inflation outlook will play an important role in shaping fiscal policy, development spending and broader economic planning.
\nSources said priorities for new development projects will be discussed during the meeting. The committee is also expected to review and approve annual economic plans that will form the foundation of the federal government\u2019s development strategy for the next fiscal year.
\nRecommendations on June 3
\nFollowing the APCC meeting, its recommendations will be presented to the National Economic Council (NEC) on June 3. The NEC will review the proposals before final decisions are incorporated into the federal budget framework for 2026-27.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Preparations for the federal budget 2026-27 have entered a crucial stage, with the Annual Plan Coordination Committee (APCC) scheduled to meet on Monday to review development priorities and major economic targets for the coming fiscal year. Federal Minister for Planning and Development Ahsan Iqbal will chair the meeting, which is expected to shape key […]<\/p>\n","protected":false},"author":2,"featured_media":548685,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-548709","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"\n