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Pakistan left with no option but to pledge Wapda assets for Bhasha Dam

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article image STAFF REPORT ISB:  Asian Development Bank (ADB), a leading donor for the Bhasha Dam, has informally reversed its commitment to finance the project, giving a big blow to the government of Pakistan, a senior official told the scribe on condition of anonymity.According to a Wapda spokesman, funds arrangement has emerged as a major hurdle in the execution of the project and alternative options would soon be considered to raise a massive $12 billion for the dam.The official revealed that ADB…Read More