CDA Approves Highest Budget in Its History
In practice, the Capital Development Authority (CDA) has approved a record Rs.
In practice, the Capital Development Authority (CDA) has approved a record Rs.
Article outline
- What happened
- The key numbers
- The bottom line
Key points
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- 16 billion for 63 new projects covering sector development, infrastructure, sewerage and Metrobus-related work.
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- The Capital Development Authority (CDA) has approved a record Rs.
- According to the budget documents, the CDA has allocated Rs.
In practice, the Capital Development Authority (CDA) has approved a record Rs. 152 billion budget for the fiscal year 2026-27, the largest in the civic agency's history. The CDA Board approved the budget during a session chaired by Chairman Sohail Ashraf, with most of the funds allocated for development projects.
According to the budget documents, the CDA has allocated Rs. While Rs, 112 billion for new and ongoing development projects. 40 billion will cover non-development expenses. France Permanently Closes Consulate in Major Pakistani City.
Notably, the authority expects to receive Rs. 152.5 billion during the fiscal year. While revenue receipts will account for 19% and the opening balance for 7%, self-financing, including revenue from the auction of commercial and residential plots and various taxes, will contribute 74% of the receipts.
In practice, the CDA has allocated Rs. 55 billion for 26 priority projects and Rs. 16 billion for 63 new projects covering sector development, infrastructure, sewerage and Metrobus-related work. Another Rs. While Rs, 13.5 billion will go toward 246 ongoing projects. 7 billion has been set aside for pending liabilities and Rs. 19 billion for lump-sum provisions. Major Hospitals in Karachi Lack Fire Alarms.
For context, the CDA's previous budget stood at Rs. 90.2 billion for 2025-26, making the new budget around 68% higher than the previous year's initial allocation. The board additionally approved a four-year contract to outsource garbage collection, waste transportation to the Losar landfill site and cleanliness arrangements throughout Islamabad. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.
For now, CDA Approves Highest Budget in Its History remains the part of the story worth watching, and further updates are likely as more details are confirmed.
