Pakistan's federal government overspent its FY26 Public Sector Development Programme (PSDP) allocation by 11.6%, with expenditure reaching Rs916.021 billion against a budgeted Rs820.513 billion. This Rs95.5 billion overspending marks a sharp turnaround from earlier slow development spending. Key overspenders included the Water Resources Division and Power Division (NTDC/PEPCO). Such significant fiscal deviation could pressure Pakistan's budget deficit and inflation outlook, potentially impacting USD/PKR stability and local gold prices.
بحوالہ / Source: www.brecorder.com