Islamabad, During the presentation of the budgetary proposals, Finance Minister Muhammad Aurangzeb announced that inflation is expected to stabilize at 12 percent, while the budget deficit is projected to reach 5.9 percent of GDP for the upcoming fiscal year.
According to Ministry of Information and Broadcasting, the finance minister detailed the financial allocations for the next fiscal year, including a substantial 9,775 billion rupees for interest payments and 1,400 billion rupees for the Public Sector Development Programme (PSDP) 2024-25.
An additional 100 billion rupees have been designated for public-private partnership projects, and 2,122 billion rupees are set aside for defense needs. These figures reflect the government’s financial strategy and priorities in addressing both economic and security concerns.