The finance ministry has started sending indicative budget ceilings to various departments as the government is considering announcing the budget on June 5. The remaining Rs70 billion have been proposed for projects being administered by the finance ministry including meeting the military’s certain development needs from the PSDP. Finance ministry terms govt’s borrowing data misleadingPlanning Minister Asad Umar on Tuesday reviewed the indicative budget for the next fiscal year. Sources in the planning ministry said it would be impossible to undertake new initiatives without increasing the size of the PSDP. Usually, the planning ministry gets roughly Rs25 billion higher than what the finance ministry initially indicates.

Source: The Express Tribune April 28, 2020 19:30 UTC