PM Sharif Prioritizes Funding for High-Performing Ministries
During a high-level meeting reviewing the national development budget, Prime Minister Shehbaz Sharif directed that funds should be prioritized for ministries demonstrating better performance. He stated that public money would be invested in projects with guaranteed results. The Prime Minister highlighted water reservoirs and hydropower projects as top priorities. He also called for increased encouragement of public-private partnerships to accelerate development.
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Updated: 10:15 PM PKT — May 18, 2026
During the review meeting, Prime Minister Sharif also praised the Finance Minister. He commended the minister on the recent successful issuance of Panda Bonds.
Updated: 7:35 PM PKT — May 18, 2026
The Prime Minister specified that this focus on water and hydropower initiatives is for the upcoming development budget. He stressed that public funds would be invested only in projects with guaranteed positive outcomes, with public-private partnerships being leveraged to improve efficiency and results.
