LAHORE, June 17 -- The Punjab government has unveiled a significantly reduced Annual Development Programme (ADP) of Rs752 billion for the fiscal year 2026-27, marking a nearly 40 per cent decline from last year's Rs1.24 trillion development budget.

The reduction comes after the province surrendered Rs749 billion to the federal government, resulting in tighter fiscal space for development spending. Despite the cut, social sector projects remain the government's top priority, receiving the largest share of the ADP at Rs333.66 billion.

Within the social sector, Local Government and Community Development has been allocated Rs115.5 billion, while Water and Sanitation will receive Rs62.76 billion. The health sector also secured substantial fu...