national

June 2, 2020

CDWP approves $9.248 bn for ML-1 project tomorrow

ISLAMABAD: The government is mulling over different options to fix governance issues of cash-bleeding Pakistan Railways while approving modernisation of rail mainline project with an estimated cost of $9.248 billion under the China Pakistan Economic Corridor .As the third party evaluator, the World Bank had raised issue of governance and debt servicing for making the project successful. After deferment of the project a couple of times, the government has once again placed it on the agenda of...