Lahore: The Lahore Development Authority (LDA) has prepared its budget recommendations for the current fiscal year 2018-19, a news source reported. The budget, which has been reduced, shall be presented before the governing body for approval soon.
A significant reduction has been made in the development budget, which has been reduced from PKR 10 billion to PKR 6 billion, while the budget not related to development will be PKR 5 billion. LDA has also decided not to start any new mega-projects in 2018-19, and only the ongoing projects will be completed.
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Samra Zulfiqar
Samra Zulfiqar is a Real Estate Analyst at Zameen Media (Pvt) Ltd. You can also find and follow her on Google+.