Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PKR 8.5 billion released for Karachi Water Supply and Sewerage Plant

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According to details, the government released Rs 6.998 billion for Greater Karachi Water Supply Scheme which is being developed by provincial and the federal government on cost sharing basis. The government had earmarked Rs 9.555 billion for the project under the Public Sector Development Pakistan of the current fiscal year, the data revealed.

An amount of Rs 1.5 billion have been released for Greater Karachi Sewerage Plant (S-III) Karachi which is being developed on cost sharing basis.

The government had earmarked Rs 1.5 million for the project in PSDP 2017-18.

Meanwhile the Ministry of Planning, Development and Reform released Rs 18.107 billion for various ongoing and new projects of Finance division under PSDP, according to APP.

The government in its Federal PSDP had earmarked Rs 27.064 billion for the Finance division projects, with foreign exchange component of Rs 715.402 million, officials sources said on Tuesday.

Posted on: 2018-04-10T13:21:00+05:00