Islamabad: Planning Minister Ahsan Iqbal says the fiscal year 2024-25 concluded with encouraging macroeconomic indicators along with the utilization of 1042 billion rupees of the Public Sector Development Programme, reflecting strong implementation.
According to Radio Pakistan, launching the Monthly Development Update for the current month, he said this utilization is driving inclusive growth through targeted investments in exports, innovation, and human development. The Minister noted that GDP growth is on an upward trajectory, inflation has eased, and both fiscal and external sector stability have been achieved.
Talking about the current fiscal year, he said top priority has been given to development projects in Balochistan with an allocation of 210 billion rupees for 147 initiatives. He said the launch of infrastructure projects in Balochistan will help stimulate the province's economy, drive development, and create employment opportunities. Focus sectors include roads, water, housing, and education, with key projects like the Karachi-Quetta-Chaman Highway, M-8 Motorway, and post-flood reconstruction initiatives.
Ahsan Iqbal further said a major digital connectivity project worth 2,150 million rupees is underway in 30 cities of Azad Kashmir and Gilgit-Baltistan. The initiative is transforming lives by expanding access to education, healthcare, tourism, and business opportunities in these remote areas.
Highlighting youth engagement, he announced the successful launch of the URAAN Overseas Summer Internship Programme, under which 31 Pakistani students from top international universities have come to Pakistan for a six-week internship.