Planning ministry reviews PSDP projects
Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Saturday chaired a meeting to prioritise projects under the upcoming Public Sector Development Programme (PSDP) for fiscal year 2025-26.
Members of the Planning Commission and senior officials of the ministry briefed the minister about the priority projects in different sectors, a news release said. The meeting shows signs of resolve on the part of the government not to let anything derail Pakistan's development and economic growth agenda, and to continue working for economic transformation with enhanced efforts.
The meeting focused on prioritising essential development projects aligned with the Uraan Pakistan, 5Es National Economic Transformation Framework and how to address economic constraints. The minister emphasised the resolve of the government, saying, "Despite the challenges we face, our commitment to the growth of the country remains firm. We will not compromise on the betterment of our people and the progress of our nation."
Ahsan Iqbal also spoke about Pakistan's defence capabilities and economic stability. "While we are committed to peace, but let me be clear – Pakistan possesses a strong defence. We will not allow India to play havoc with efforts to stabilise our economy and pursue our development agenda. No challenge is too big when we have the determination to succeed."
The minister emphasised that the current and upcoming PSDP was completely aligned with the Uraan Pakistan initiative and prioritised the enhancement of productivity as defined in the framework based on 5Es – exports, equity & empowerment, e-Pakistan, environment & climate, and energy & infrastructure. "In prioritising critical development projects for the upcoming fiscal year, we are keenly focused on ensuring the continuity of essential initiatives, especially those that are near completion, those of strategic national importance and projects with allocated block funding. It is being ensured that approved projects for the coming year are adequately funded," he said.
Through a rigorous process of rationalisation and prioritisation, the Ministry of Planning, Development and Special Initiatives is working towards a development portfolio which enhances productivity and ensures impactful outcomes.
The projects included would be aligned with the vision of Uraan Pakistan and build vital infrastructure for enhanced productivity, invest in future of the country, provide essential operational support, develop human capital and strengthen Pakistan's soft power. Ahsan Iqbal said the challenges were immense, but the government was committed to continuing to focus on all areas for the well-being of the people of Pakistan.
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