Federal govt explains funding strategy for Karachi projects

Information Minister Shibli Faraz has said that the govt. had announced PKR 1.1Tn for the development projects in Karachi, and PKR 611Bn would be provided by the federal govt. He said out of these funds, PKR 254Bn has been earmarked for cleaning drains and removal of encroachments, K4 will cost PKR 46Bn and circular railway PKR 300Bn, he said, adding that some projects will be completed in one year while some in two years.

8/9/2020