Eurobonds for Mohmand, Diamer Bhasha dams on the cards

Finance Minister Abdul Hafeez Shaikh has summoned a meeting of the Economic Coordination Committee (ECC) on Wednesday to discuss a six-point agenda, including the issuance of Eurobonds for Mohmand and Diamer Bhasha dams.

According to local media reports, the ECC is also likely to approve the Karachi Transformation Plan in the forthcoming meeting which had been deferred previous two sessions.

The committee may also approve a technical supplementary grant worth Rs500 million for the Ministry of Housing and Works.

Further, the ECC members will also mull over matters related to loans and financial needs of the Gas Infrastructure Development Cess (GIDC).