The approval was granted at the NEC meeting held in Islamabad today [Wednesday] with Prime Minister Shehbaz Sharif in the chair and with all the four provincial chief ministers of Punjab, Sindh, Khyber Pakhtunkhwa, and Balochistan in the presence. It was told that 1000 billion rupees will be earmarked for the federal and 2869 billion rupees for the provincial development projects.The forum also approved macroeconomic framework and targets for the next fiscal year. The council directed relevant ministries, provinces, and government institutions to work in collaboration with the Ministry of Planning to achieve the targets set in the proposed annual plan for 2025-2026. These development projects will prioritize health, education, infrastructure, the water sector, and housing.The NEC gave approval to the 13th five-year development plan and the Uraan Pakistan Framework.A third-party monitoring report on the annual National Development Program was presented, and the meeting decided that future project planning should incorporate the recommendations of this report.The NEC also approved a GDP growth rate of 2.7 percent for the outgoing fiscal year and a projected growth rate of 4.2 percent for the next financial year.