According to sources, the Punjab administration has chosen to publish its budget for 2025–2026 on June 13 with a plan to give up adding additional taxes. Based on information, the budget involves a development plan of “Rs. 1,200 billion”, of which “Rs. 124.3 billion” is from foreign finance and “Rs. 1,076 billion is set aside …
Punjab To Present Its 2025–2026 Budget On June 13
According to sources, the Punjab administration has chosen to publish its budget for 2025–2026 on June 13 with a plan to give up adding additional taxes.
Based on information, the budget involves a development plan of “Rs. 1,200 billion”, of which “Rs. 124.3 billion” is from foreign finance and “Rs. 1,076 billion is set aside for 2,750 development programs that are supported domestically”.
Suggestions For New Development Plans
According to sources, “Rs. 457 billion” is being suggested for new development plans, while “Rs. 536 billion” has been set aside for “1,412 continual improvement projects”.
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While “32” development initiatives are also expected to receive “Rs. 207 billion”. Additionally, the budget allotted:
- Rs. 750 million to convert government higher secondary schools to solar power,
- Rs. 1 billion to convert Tehsil Headquarters Hospitals to solar power,
- Rs. 100 billion for the Chief Minister’s Local Road Program
- While Rs. 9 billion is allotted to the Chief Minister’s Schools Meal Program, which covers eight districts,
- Rs. 4.34 billion is suggested for the Punjab Clean Water Authority
- An Agriculture House in Lahore is to be built and repaired for Rs. 750 million,
- While Rs. 10 billion will go to the Chief Minister’s Tractor Program.
Plans Increase Mango Production
With an annual budget of “Rs. 750 million”, a three-year plan to increase Punjab’s mango production has also been authorized. Additional ideas include “Rs. 5.5 billion” for the 2nd phase of the Punjab Green Tractor Program and “Rs. 500 million per year” for the World Bank-funded Punjab Clean Air Program.
With a proposed budget of “Rs. 500 million”, the government intends to build a Trade and Investment House in Punjab. The Chief Minister’s Easy Business Finance program has also been given “Rs. 89 billion”, of which “Rs. 8 billion” is for the northern regions and “Rs. 6 billion” is for the southern regions.
