Pakistan, June 10 -- The National Economic Council (NEC) is scheduled to meet today under the chairmanship of Prime Minister Shehbaz Sharif to review and potentially approve the country's development budget for the upcoming fiscal year.

According to sources, the council will consider a development outlay of approximately Rs4.46 trillion, covering both federal and provincial spending plans. The proposed budget is expected to focus on infrastructure development, public welfare projects and economic growth initiatives across the country.

Sources said the federal government is likely to present a development budget of Rs1.32 trillion, while the four provinces are expected to receive a combined allocation of around Rs3.14 trillion. The meeti...