ADB okays additional $48m financing for water project in Balochistan
The Asian Development Bank (ADB) has approved an additional $48 million loan for the Balochistan Water Resources Development Sector Project (BWRDSP), according to a press release issued on Wednesday.
In September, the Central Development Working Party had cleared the Rs49.9bn project for the Zhob and Mula river basins. At the time, participants were told the project would be financed through an ADB loan of $148m (78.99pc), an ADB grant of $5m (2.67pc), and a government contribution of $34.37m (18.34pc).
On Tuesday, the Executive Committee of the National Economic Council had approved the project.
In the press release issued today, the ADB said the additional funds would support the completion of critical components of the project, including the Churi Infiltration........





















Toi Staff
Penny S. Tee
Gideon Levy
Sabine Sterk
Mark Travers Ph.d
Gilles Touboul
John Nosta
Daniel Orenstein