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    Trump becoming first ex-president charged with a crime in US history

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    Iran announces ceasefire against Israel, Trump declares its victory

    Washington weighing strike on Iran

    Pakistan hopes to secure eighth term in UNSC

    Over 80 UN member states condemn Israeli West Bank measures

    Trump return won’t impact Iran-China ties, says Khamenei aide

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    FBR introduces new law mandating NOC for property transactions

    FBR orders installation of POS system in over 14 sectors

    IMF reaches staff-level agreement with Pakistan on final review of $3bn SBA

    IMF hails Pakistan’s economic reforms

    IMF postpones talks with Pakistan seeking details of flood relief expenditure

    Pakistan braces for $1.3bn Eurobond payoff

    KSE-100 index gains record 1,033 in morning trading session

    PSX slides over 5,000 points on foreign selling

    Govt denies reports of fixing tax on solar power

    NEPRA releases new solar regulation 2026 draft

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    Pakistan’s power tariff changes must not hurt middle, lower class families

    Petrol price jacked up by Rs9.99 per litre for next fortnight

    Govt ‘likely to hike petrol, diesel prices’ for next fortnight

    UAE likely to send $1 billion this week

    UAE rolls over $2bn loan to Pakistan ahead of IMF review

    Prime Minister launches URAAN Pakistan program

    Govt to invest $1bn in artificial intelligence by 2030, PM Shehbaz

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    Rajpal Yadav’s lawyer says stage row with Amitabh Bachchan triggered

    Rajpal Yadav’s lawyer says stage row with Amitabh Bachchan triggered

    Salim Khan stable after minor brain procedure

    Salim Khan stable after minor brain procedure

    Bigg Boss 19 winner Gaurav Khanna quashes divorce rumors with Akanksha Chamola

    Bigg Boss 19 winner Gaurav Khanna quashes divorce rumors with Akanksha Chamola

    Hania Aamir sparks dating rumours with Bollywood’s Badshah

    Birthday or wedding? Hania Aamir’s party steals the spotlight

    SAIRA PETER, WORLD’S FIRST SUFI OPERA SINGER,RECEIVES PRESTIGIOUS AWARD AT US HOUSE OF CONGRESS

    SAIRA PETER, WORLD’S FIRST SUFI OPERA SINGER,RECEIVES PRESTIGIOUS AWARD AT US HOUSE OF CONGRESS

    Shahid Kapoor reveals why he chose to take ‘outside route’ to Bollywood

    Shahid Kapoor Reveals Sandeep Reddy Vanga’s Wish to Have Kabir Singh in Animal

    Indian star singer Arijit Singh quit playback singing

    Indian star singer Arijit Singh quit playback singing

    Song “Tanha Akeli Hoon,” filmed on Saba Qamar, gains popularity in the voice of Saira Peter

    Song “Tanha Akeli Hoon,” filmed on Saba Qamar, gains popularity in the voice of Saira Peter

    Emraan Hashmi announces making of “Awarapan 2”

    Emraan Hashmi opens up on ‘Ba***ds of Bollywood’

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    Rain washes away Australia’s T20 World Cup dreams as Zimbabwe reaches to Super 8

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    Karachi Kings ready for aggressive cricket, Imad Wasim

    Ex-wife accuses Imad Wasim of ‘forced abortion’ after his second marriage

    Sunil Gavaskar lashes out at England players on leaving IPL for Pakistan series

    Former int’l cricket legends, captains demanding better prison treatment for Imran Khan

    Host Pakistan eliminated from Champions Trophy

    T20 World Cup: Babar, Shaheen, Shadab likely to be dropped in next match

    England and Pakistan to meet in WC final at Melbourne after 3 decades

    T20 World Cup: Banton stars as England beat Scotland by 5 wickets

    T20 World Cup: USA beats Netherlands 93 runs

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    Multan Sultans set target of 161 runs for Lahore Qalandars

    Multan Sultans sold for record Rs2.45bn

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    Water as Warfare: The Indus Treaty Is Becoming a Battlefield

    The truth about the conflict between israel and palestine (gaza)

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CDWP approves five development projects worth Rs10bn

Web Desk by Web Desk
in BUSINESS, FINANCE
Reading Time: 3 mins read
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The Central Development Working Party (CDWP) on Friday approved five development projects worth Rs10.022 billion and recommended four others worth Rs 213.86 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration.

The CDWP meeting was chaired by Deputy Chairman of Planning Commission Mohammad Jehanzeb Khan and attended by Secretary Planning Awais Manzur Sumra, senior officials from the Planning Commission and federal ministries/divisions, besides related provincial governments officials.

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Projects related to Food and Agriculture, Education, Energy, Physical Planning & Housing, Science and Technology, Social Welfare, Transport and Communication and Water Resources sectors were considered in the meeting.

A project related to the Food & Agriculture sector, namely the ‘Khyber Pakhtunkhwa Food Security Support Project,’ was presented during the meeting. The project of Rs 24,640 million has been forwarded to ECNEC for further approval.

In the CDWP forum, a project related to the Education Sector namely ‘Rehabilitation of Schools in Balochistan Affected by Flooding’ has been approved with a total cost of Rs 1400 million in the meeting.

The project aims to rehabilitate and restore schools that have been severely affected by floods, to improve schooling opportunities for students in the flood-affected areas of Balochistan.

Another project from the Education Sector presented in the forum namely “Sindh school rehabilitation project under flood restoration program” worth Rs 83187.500 million recommended to ECNEC for further consideration.

This project includes the construction of completely and partially damaged schools and the up-gradation of 62 primary schools to the secondary, middle and higher secondary levels by the construction of new blocks.

A project related to the Physical Planning and Housing sector was presented in the forum namely “Permanent settlement of IIOJK Refugees 1989 onwards (phase-1)” and approved at the cost of Rs 3096.500 million.

A project related to the Social Sector namely “Women Inclusive Finance Development Program” was presented. This project, valued at Rs 31,413.047 million, has been referred to ECNEC for further consideration. It aims to support Women entrepreneurs across Pakistan.

The Ministry of Finance (MoF) is designated as the executing agency for this funding proposed to come from foreign sources, specifically ADB.

The implementation agency is the State Bank of Pakistan (SBP), which will establish a Project Implementation Unit (PIU).

The PIU’s expenses will be covered by SBP’s own funds. The financing will be overseen by a steering committee led by the Executive Director of SBP, with members from relevant stakeholders.

A project related to Transport & Communications presented in the meeting namely “Improvement & Reconditioning of Noseri Leswa By-Pass road length 52-Km District Muzaffarabad Neelum, AJK” worth Rs 1622.045 million has been approved in the CDWP forum.

A project related to the Science and technology sector presented namely “Establishment of Pak Korea Testing Laboratory for PV Modules and Allied equipment (Revised)” worth Rs 1504.955 has been approved by the forum.

Web Desk

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Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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