Thursday
June 11,2026
Zilhaj 25, MAT AH.


18 pages
Price Rs. 45.00

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National uplift
outlay for
next fiscal cut
by over Rsltr

Punjab’s development budget slashed by nearly half;
Ahsan Iqbal says no new projects next fiscal year except.
“defence, interior; deflects query ‘on Rs800bn savings’, refers ©
media to finance ministry; PM says strengthening defence”
remains top priority; youth to be equipped with technical,
vocational skills; KP CM says NFC Award being updated for

‘tribal districts; Economic Survey being launched today

“By Mebtab Haider? : on forthe next fiscal year. financial year to fulfill the
Muhammad Anis &               Punjab’s development desire of the federal govern-
News Desk            budget was reduced from ment,

. _. Rgi,450 billion to Rs749 Ahsan Iqbal did not
ISLAMABAD: The National billion (by 48 percent), respond directly when asked
Economic Council (NEC), Sindh’s from Rs816 billion how these savings of Rs800
the highest constitutional to Rs704 billion, Khyber billion would be utilised. He
economic decision-making Pakhtunkhwa's from Rs564 asked reporters to consult
forum under the chairman- billion to Rs455 billion, while the Finance Ministry about
ship of Prime Minister She- Balochistan's development the utilisation of the saved
hbaz Sharif, on Wednesday budget remained unchanged amount. The minister said
unanimously slashed the at Rs30S billion for the next that no new project wil! be
national devclopment out- fiscal year,            .
lay by Rs1,046 billion forthe . Both the Centre and year except in the defence
upcoming budget 2025-27, - federating units have axed and interior sectors       “
The Centre's Public Sece their respective develop: . “When the provinces
tor Development Progranune ment outlays and preferred agreed to reduce their ADPy,
(PSDP) was slashed from to freeze them at the level the federal govemment also
Rst,126 billion to Rsl,000 of the outgoing fiscal year reduced its Lai Agl


billion, while the provinces’ =a move that aims to save PSDP from
annual development plans Rs800 billion, a figure quoted                    aS    :
(ADPs) were reduced from by Federal Minister for Plane Continued on   BA
Rs3,133 billion to Rs2218 bib ning Ahsan Iqbal, in the next              page 4 Bc
UAE remittance surge:     Palbovter
wages, fear or capital | crashes near
d                   9.             Muzaffarabad
returning home? | Muzaffarabad
Analysis                        eat
m         Tm
By Ammar Kabib Khan                                                                      5
, Blacroceonomist)                                                                          * Hews Report ”


THERE are moments when est remittance corridors, An
remittance dala stops behav. estimated 1.6 million Paki-
ing like remittance data. May stanis live and work there.
2026 has been that month. — | Ih FY25, they remitted about
Pakistan's remittance $78 billion, which translates
inflows from the UAE in to roughly $408 per worker
May 2026 crossed $1 billion permonth
in asingle month. On paper, —_ But the March-May 2026
this looks like good news, as. numbers break from that
more dollars came in, and pattem During these three
the external account got sup- months, UAE remittances
port, enabling us to import came in substantially above
more luxury cars,                 thelr normal seasonal path.
’ Undemeath the headline In March, inflows reached
number ig a more important $$30 million against a mod-
question: were these sim- elled baseline of about
ply workers sending wages $680 million. In April, they
home or was this capital remained elevated at $734
moving back because of the million, compared with a

Amy Aviation crashed near,
Muzaffarabad on Wedneschy,
the Inter Services Public Ret
tions (ISPR) said
Explaining the reason
behind the crash, the mili-
tary’s media wing said that
a*technical fault” occurred
during the chopper’s take-
off.
~ “All personnel on board
embraced Shahadat, There

said.

that host Pakistani workers? a baseline of only $647 ascertain the exact technical
The UAE has always ~

been one of Pakistan's larg-            Continued on page 4

ASIAN DEVELOPMENT BANK °
. . _ Pakistan Resident Mission (PRM)
“BUILDING CONSTRUCTION PROJECT MANAGEMENT, QNOC AND SITE SUPERVISION
SERVICES FOR ADB PAKISTAN RESIDENT MISSION (PRM)
___REQUEST FOR PROPOSAL

“Tea Asian Development Bark {ADE is a mutlaleral Gevelopmend franca nsshson established in 1966 wih 2s beadg.arters based a,
ants, Phiggines. In addition, ADS is supported byl held otioes across 43 op.niries in Asia Paciic, as well as Representative
‘OBicas in Germany, Japan and USA colectvoly aiso relarresiio as fold oes.
ADS ees obgbie fms 1 soe proposal Patisan hipoe (PAR fo Buldeg Canarcton Prijac Management, ONC and
‘Ste Supervision Sensions for ADG Pakistan Resident Mssion (PRM), istanabad,

‘Tha scope of services comprises Ihe provision of clent-side Project Managemnert Consubancy (PLC) services, Inching project:
sranapernert, OAC, and ste supervision for baking consiracton an oud works, The Corsuant wil provide oversight,

Continued on page 4


Tha Soon tobe Cobar at eneret a tone ors eu sn le pe fs pa
sunireum period of forty echt (42) monte) fom fhe commencement date of he consructon contact, covering te active
conetr chon supendsion phase, andincksiag the Defert Lindley Pecos.
‘Sekerested comparies should enaure they mee he koloning mandatory carter: ©
Have fe natcralty on an ebgble countyih accordance th bat of ADB okie marnber cours. ADK hatte
Geeradtn have tre natonaity of a Member Couriry £ 2s consisted, or incorporate’, and operates in condorinty wih
Re provisions of fea inet of Pit county.
Harve not boen sanctioned nor be inetigtbie tp enter into Warsscsors with ADB or any other maker Grvelopeted,
erkorinnason
Provide protege exsance os. ald rgicied company fr atin fe (5) yearsin Pala rina doe Worry

“ screemart. The syeemart sal Geady carat lead parher, percentage partcpson, and conkers fe oct ard
‘sovecal kablty of a8 FY partners.
Have atinst yoo exparance b Pa Sldol Pia Larwgertart/Conehctcn MaragementiaPabistan
Haveancfice i tanates Rawapind Pakstin,
Have 9 sound francis and creck postion thx the past bao years (2023 and 2024). As 9 wrinien zn, the Biddery’ eat,
\worh ota pauty caladated as a dSererce brbeeen ltl assets and ttl habiies, shacAd be pootive, shoud |
"grown to af least 50% of the quoted bid price, and verilatie,
Tea RPP ig shicty conducted Bro.shADG's elactoric Procuremmert system (Coupa)) Interested fees should vst.
https Heprocsuppherndb.crgloining. s_| ox eet |_Eveat_For_SuppRars.pdf end search for BULOING
CONSTRUCTION PROJECT MANAGEMENT, QA'           ‘SITE SUPERVISION SERVICES FOR ADG PAKISTAN RESWENT
LnSSCn GP dic cn paPaceosor wos Petre Teton Eh cnn pet pete
in Copa atich a required to access and doanioad fhe lender dooenonts, ”
Pleaserote PARADE wil only accept bids which are eocelved rough Coupe sy stort.
Desdline ior srdeagsion of proposals is on 09 fuly 2026, 18:00 Pakistan Standard Tame. ADS reseeves fhe fighl to acnngt or rajecl
any ercposal and b ened te procuremect process at any time, witha theredy nosing ary Sadity to bert,

tu)
Do

launched in the next fiscal | B:

* | Federal Constabulary post in.

MUZAFFARABAD: An Mi-17| carried out with precision,
helicopter of the Pakistan | Four key targets were come and Paktika provinces.

were no survivors,” the ISPR  ISLAMABAD: The Federal


ISLAMABAD: Prime Minister Shehbaz Sharif with Sindh Chief Minister syed Murad All
Shah, Khyber Pakhtunkhwa Chief Minister Sohail Afridi and Balochistan Chief Minister
Sartraz Bugtl, Wednesday. .

‘100m-barrel oil passes through
Hormuz as US controls it?

We're going to
hit Iran hard
again, warns
Trump

: Hegseth says US strikes commence.
‘tonight’; Iran threatens retaliation against,
US interests; attacks American bases in
‘ Jordan, Bahrain; Pezeshkian says threats
to target infrastructure reflect desperation,


26 India-sponsored   10

terrorists killed
‘in precision
strikes: Tarar

Says intelligence: based operation
carried out along Pak-Afghan border

By our correspondent

ISLAMABAD: Federal Min-
ister for Information and
ing Attautlah Tarar
on Wednesday said that Paki-
‘stan carried out precise and
calibrated strikes along the
Pak-Afghan border areas fol”
lowing a recent string of ter-
rorist attacks, hiling 26 Ind-
an-sponsored militants linked
to Fitra al-Khwarj.
In a statement posted on

his social media account, top priority.
the minister said the action "Our relentless
came in the aftermath of counter-terrorism cam-
major terrorist incidents, paign under the vision
including the attack on a of ‘Azm-e-Istehkam," as
approved by the Federal
Apex Committee on the
National Action Plan, will
continue at full pace to
eliminate the menace of
foreign-sponsored terrorism
from the country,” he stated,

- AFP adds: Afghanistan's
government spokesman,
Zabihullsh Mujahid, claimed
“11 children, one woman and
one elderly man were killed”
in strikes on Khost, Kunar

pletely destroyed, including
a training centre, 3 hideout,
an ammunition cache and
operational centres (Mar:
akiz) linked to Fitna al-Kh-
wari] commanders Aleem
Khan Khushali and Akhtar
Muhammad Joni KheL

‘Tarar stressed that Pald-
Stan has consistently sought
to maintain peace and stabil-
ity in the region, but said that
the safety and security of its
citizens remain the country’s

Musa Dara on June 9, 2026,
vehicle-bome suicide attacks
ona military post in North
Waziristan on June 2, 2026
and an assault on a police
station in Bannu on May 9,

He said that based on
credible intelligence, sclee
tive targeting of militant
camps and hideouts was


‘FCC declares
KP caretaker-era.,
recruitments illegal
By sonaitktan   during the c