Mohmand Dam cost jumps 115%
CDWP defers decision as Wapda blames rupee devaluation for 51% of increase
Pakistan has reassessed the cost of the under-construction Mohmand Dam at a staggering Rs666 billion, an increase of 115% in the past eight years, which authorities largely attributed to rupee devaluation after 2018. Mohmand is one of the three largest reservoirs Islamabad is building to deal with Indian water aggression. The revised project cost was presented before the Central Development Working Party (CDWP) meet...