Alongside the project of setting up an oil refinery in Pakistan, Saudi Arabia has decided to provide funds for Diamer-Bhasha dam, Mohmand dam and other power projects.
Diamer and Basha Dams Fund
ISLAMABAD: The fundraising for the construction of Diamer and Basha dams is going with full swing as donations of over Rs 8 billion has been collected so far. According to the website of Supreme Court of Pakistan, the current status of dam funds' account stands at Rs: 8,412,407,682. Chief Justice of Pakistan Mian Saqib Nisar has said that Pakistan needed Rs 1500 billion to build Diamer-Bhasha and Mohmand dams to avert water crisis looming over the country. About the dam fund The Diamer Bhasha and Mohmand Dam Fund…
ISLAMABAD: The National Assembly was informed on Friday that so far Rs7.5 billion have been deposited in the Supreme Court-created Diamer Bhasha and Mohmand Dams Fund. Minister of State for Revenue Hammad Azhar told the lower house of Parliament that out of the total amount, Rs804 million were contributed by people living abroad. As of Oct 9, an amount of Rs. 7,559,308,060 has been collected through different sources, according to latest figures posted by the Supreme Court on its website. The Fund has been…