Pakistan, June 17 -- Punjab Finance Minister Mian Mujtabaur Rehman presented the provincial budget on Tuesday after the cabinet approved a people-friendly Rs5.9 trillion budget for fiscal year 2026-27.

Punjab Chief Minister Maryam Nawaz Sharif, provincial ministers and MPAs attended the session.

The proposed budget for the upcoming fiscal year is 10.7 per cent higher than the current year's, according to the budget speech.

The Punjab government has projected total revenue for the upcoming fiscal year at Rs1.2tr.

Total current and capital expenditures are projected at Rs679 billion.

The government plans to spend Rs752 billion on development, Rs750bn on education and Rs500bn on health. The proposed allocation for education is 15pc high...