Pakistan Today

Mortgaging our dams?

The national press has reported a plan B for raising funds for Bhasha dam. It envisages mortgaging the generators of existing mega-dams for $3 billion but that will not be enough as the job requires 12 billion US$. From where will the rest of the money come? Perhaps, by mortgaging the entire irrigation system of Pakistan. No wonder Pakistan is in such an economic quagmire right now because its planners have such brilliant ideas.
DR MUHAMMAD YAQOOB BHATTI
Lahore

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