The Annual Plan Coordination Committee (APCC) cleared on Monday a plan for the fiscal year 2014-15 envisaging a consolidated development programme of Rs1.310 trillion, economic growth rate at 5.1 per cent and inflation at 8pc.
A meeting of the APCC, presided over by Planning and Development Minister Ahsan Iqbal and attended by provincial ministers, also decided to do away with hundreds of politically motivated projects, discretionary schemes for parliamentarians under the People’s Works Programme and Tameer-i-Pakistan Programme and other old but slow-moving projects.