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).

 

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

Must Read

Tech funding might be recovering in the US, but the trickle...

Amidst this dreadful funding winter, can local capital be the nurturing source for Pakistan's tech scene?