Mohmand Dam Cost Jumps 115% on Rupee Devaluation

The Mohmand Dam project's cost has escalated by 115%, with Wapda attributing 51% of this surge to rupee devaluation. The Central Development Working Party (CDWP) has deferred its decision on the revised plan. This significant cost overrun, driven by currency weakness, highlights ongoing fiscal pressures and could signal continued volatility for the Pakistani Rupee.

بحوالہ / Source: tribune.com.pk