Pakistan Explores Diverse Financing for ML-1 Railway Project

Federal Minister Ahsan Iqbal chaired a meeting to explore diverse financing options for the ML-1 railway project, a key government priority. Options include Public Sector Development Programme (PSDP), foreign financing, public-private partnerships, and local commercial banks/capital markets. The Rohri-Multan section alone is estimated at over Rs450 billion, with a comprehensive feasibility study now directed for its viability. While a significant long-term economic development, this news is unlikely to have an immediate, direct impact on Pakistan's gold or currency rates.

بحوالہ / Source: www.brecorder.com