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Pakistan PM Ties Development Funds to Results, Prioritizes Major Dams

The move signals a shift to performance‑linked budgets supported by new financing tools.

Overview

  • Prime Minister Shehbaz Sharif, who chaired a budget review on Monday, tied next year’s development funds to measurable results and put water storage and hydropower at the top of the list.
  • The review covered the next Public Sector Development Programme, which is Pakistan’s annual public works budget that steers where money for roads, dams and other projects goes.
  • Officials briefed him on progress at the Dasu, Diamer‑Bhasha and Mohmand dams, which are long‑running national schemes designed to boost water storage and power supply.
  • He pushed wider use of public‑private partnerships to speed delivery and singled out the railways, information technology and power ministries for strong performance.
  • Financing and outreach moved in tandem as he praised the launch of renminbi‑denominated Panda Bonds and met AIIB President Zou Jiyai and regional envoys to seek funding and investment.