Breaking News Utv Pakistan: NEC meeting approves Rs1675 bn development budget

<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigkLGa3LTmqxep2kbqGFNW6q1YzsjwTv7e2t7p4IEvw12MtpK60Al4S68rwMTxSK1cUGWpQmINde0WHS9hDLvq8st7vAUILn_DRMy5sqPFnSWMOppvISEXLsKTCs88toMK2Ss1Fp43G54/s1600/l_123977_021332_updates.jpg" imageanchor="1"><img border="0" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigkLGa3LTmqxep2kbqGFNW6q1YzsjwTv7e2t7p4IEvw12MtpK60Al4S68rwMTxSK1cUGWpQmINde0WHS9hDLvq8st7vAUILn_DRMy5sqPFnSWMOppvISEXLsKTCs88toMK2Ss1Fp43G54/s640/l_123977_021332_updates.jpg" width="640" /></a><strong style="box-sizing: border-box; color: #252525; font-family: Merriweather; font-size: 1.28571rem; line-height: 1.4; text-align: justify;">London: Prime Minister Nawaz Sharif on Monday presided over a meeting of the National Economic Council through a video link from London where he is to undergo an open heart surgery on Tuesday.</strong><br />
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The NEC meeting considered the proposed Annual Development Plan (ADP) and the Public Sector Development Programme (PSDP).</div>
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Sources said the meeting approved development budget of Rs 1675 billion for the fiscal year 2016-2017.</div>
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The meeting was attended by federal ministers, chief ministers of the four federating units, governor and chief minister of Gilgit Baltistan and others.</div>
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The prime minister applauded Planning Minister Ahsan Iqbal and his team for preparing a development plan in line with the economic growth of the country. He said the China Pakistan Economic Corridor has the potential to raise the GDP.</div>
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Chief ministers of Sindh, Balochistan and Khyber Pakhtunkhwa, Khawaja Muhammad Asif, Ahsan Iqbal, Zafar Iqbal Jhagra interacted with the prime minister and conveyed their wishes for his speedy recovery from ailment.  </div>
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Following the NEC meeting, the prime minister presided over the meeting of his cabinet and approved budget proposals.</div>
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Later on, he told media outside the Pakistan High Commission that he was not staying in London on his own accord. He said Pakistan would have achieved GDP target if it had not missed on targets in agriculture, expressing hope that economic situation would improve due to government's policies.</div>