BY: ANI Correspondent:
FAISALABAD— The Development and Finance Committee of the Faisalabad Development Authority (FDA) has unanimously approved the proposed Annual Budget for FY 2026–27 along with the revised budget for FY 2025–26 during a meeting chaired by Director General FDA Muhammad Asif Chaudhary.
Additional Director General Qaiser Abbas Rind briefed participants on projected revenue, development and non-development expenditures, revenue generation strategies, fiscal discipline and development priorities. The meeting reviewed budget estimates, financial management, urban infrastructure projects, institutional reforms and public service improvement plans.
DG FDA Muhammad Asif Chaudhary said the new budget was prepared on a balanced, realistic and revenue-oriented strategy, with emphasis on reducing unnecessary expenditures, enhancing revenue generation, ensuring financial discipline and strengthening transparent governance. He said sufficient funds had been allocated for ongoing and new development projects, digital governance, institutional capacity building and improved public services.
The committee unanimously endorsed the proposed budget and recommended its submission to the Board of Governors for final approval in accordance with the prescribed rules.
