Federal Govt Plans to Halt Funds for MP’s Schemes, Education, Health Budgets

ISLAMABAD: The federal government has put forth a proposal to discontinue funds for discretionary development schemes of members of parliament, citing IMF recommendations and the need for significant changes in the federal development program for the next financial year 2024-25.

Sources reveal that due to the impending election year, approximately 61 billion rupees’ worth of schemes were allocated to MPs in the current financial year.

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Furthermore, in alignment with IMF and World Bank directives, funding for provincial projects is also slated to cease. The proposed budget for the health sector sees a reduction from 26 billion rupees to 17 billion rupees, while the education sector faces a proposed decrease of 32 billion rupees from its current 83 billion rupees allocation.

Moreover, the development budget for roads, highways, and motorways is suggested to be slashed by a substantial 173 billion rupees, down from the current 245 billion rupees.

These proposed changes indicate a significant restructuring of budget allocations, reflecting the government’s adherence to international financial recommendations while navigating domestic economic challenges.