Tag Archives: NEC approves 40pc hike in development spending for FY22

ISLAMABAD: Amid dissent by Sindh Chief Minister Murad Ali Shah, the National Economic Council (NEC) on Monday set next year’s economic growth rate target at 4.8 per cent to be supported by Rs2.135 trillion consolidated development outlay — about 40pc higher than current year’s revised budget of Rs1.527tr. The meeting of the NEC — the highest economic decision-making body in …

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