Pakistan sees record 96% PSDP utilization

July 11, 2025 (MLN): Pakistan achieved a historic milestone in fiscal year 2024–25 by utilizing Rs1.04 trillion or 96% of its Public Sector Development Programme (PSDP), marking the highest-ever implementation rate. 

This was shared by Planning Minister Ahsan Iqbal on Thursday while speaking at the launch of the Monthly Development Update for July 2025.

He said the unprecedented PSDP spending indicates the government’s renewed emphasis on targeted investments aimed at boosting exports, innovation, and human capital.

Last year, PSDP allocations stood at Rs754 billion, a figure now back on a growth trajectory.

“This first-ever 96% utilization is driving inclusive growth across the country,” he said, adding that priority was given to Balochistan, with Rs210bn allocated for 147 projects to stimulate the province’s economy and create jobs.

Pakistan’s macroeconomic indicators also showed marked improvement. Inflation fell to a nine-year low of 4.5%, foreign exchange reserves rose 26%YoY, and the stock market surged 65% in FY25, ranking among the world’s top performers.

Iqbal attributed the momentum to “prudent fiscal management and transparent, impact-driven planning,” as evidenced by savings of Rs1 billion achieved through tighter project evaluations in June.

He said Pakistan’s macroeconomic stability, coupled with the highest-ever PSDP execution, positions the country for “high-impact, export-led growth under the URAAN Pakistan initiative.”

Copyright Mettis Link News