Pakistan must step toward development, says Bilawal as budget debate begins

Pakistan's National Assembly is currently debating the federal budget for the upcoming fiscal year, with PPP Chairman Bilawal Bhutto-Zardari addressing the assembly. He stressed the critical link between regional peace and national development, stating that stability fosters investment and employment.

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We have experienced the economic impact of uncertain situations. This is why Pakistan always promotes peace.

Bhutto-Zardari acknowledged ongoing regional security challenges, citing border issues with Afghanistan and India's actions regarding the Indus Waters Treaty. Despite these threats, he expressed pride in Pakistan's political unity and democratic tradition in responding to these challenges. He announced that the federal and provincial governments have agreed to jointly cover extraordinary defense and national security expenses.

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When there is stability in the region, investment increases. When there is peace, the youth get employment, and the country progresses.

To generate over Rs900 billion for the Center's strategic needs, development allocations for provinces will be frozen for more than a year. Bhutto-Zardari clarified that this decision is constitutional, citing Article 164 which allows provinces and the federal government to provide grants to each other for matters outside their respective domains. He stated this move was made in the spirit of collective responsibility for national security.

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Today, when the world is inching towards peace, Pakistan will have to take a step towards development.