JI-Karachi chief Monem Zafar highlighted the K-IV project's first phase is now delayed until Dec 2029, with only Rs8bn allocated in the current budget against a Rs40bn requirement. Karachi, contributing over 50% of national revenue, faces an acute water shortage, forcing residents to spend billions on private tankers. This fiscal shortfall and project delay underscore significant governance challenges, which could signal broader fiscal pressures and impact investor confidence, potentially influencing the stability of the Pakistani Rupee.
بحوالہ / Source: www.dawn.com