The declining level of development spending is a matter of grave concern, as not even 40% of the federal government's proposed PSDP from the budget has actually been utilised. If government departments were on pace to spend the total Rs1.1 trillion budgeted for 1,071 projects, at least 60% of the amount should have been spent by now.

Failure to meet these spending targets would have disastrous results for a country that is already behind the global curve on development and an economy that desperately........

© The Express Tribune