What Has Been The Situation In Pakistan In The Area Of Foreign-funded Projects?

In the span of the last three years, since 2004, there has been a flurry of foreign funded projects, one after the other in various provinces of Pakistan. On a statistical front, almost dozen projects are launched in Sindh while Punjab has beheld the inception of more than 18 foreign-funded projects. As for Balochistan, almost 15-16 mega projects have been launched. These projects involve both the federal government as well as the respective provincial governments. It is a common pattern among almost all projects that are funded by foreign sources, that they are still in their most initial stages of implementation. The pace is so slow that that the planners in Karachi conjecture a trepidation of a massive cost over runs in attribution to the extremely slow generation of funds. Moreover the menace of inflation is also lurking over, which the planners consider another vital threat to the future course of profitability of all these projects.

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