The Government approves Rs775.03 billion worth of projects before going home – Research Snipers

The Government approves Rs775.03 billion worth of projects before going home

The Executive Committee of National Economic Council (ECNEC) has approved nine different projects related to development and infrastructure worth Rs775.03 billion just before they have left with a few days to go home.

The Prime Minister Shahid Khakan Abbasi presided over the meeting at the Prime Minister’s office. The ECNEC meeting approved 220 kilovolts (KV) Mastung substation and 220KV Sibi-Mastung-Quetta-Loralai double circuit transmission system and lines, the government intend to spend Rs14.155 billion on this project.

The land purchase for Pakistan Institute of Development Economics in Islamabad was approved in the meeting at a cost of Rs3.519 billion. Another project includes Sindh barrages improvement which will renovate the Sukkur barrage at the cost of Rs16.663 billion.

The government has also approved PC-1 of Neelum Jhelum hydroelectric power plant project with the cost of Rs506.81 billion. Land acquisition for Railway Corridor from Gwadar was also approved along with the construction of Drawat dam at the revised cost of Rs11.768 billion.

The ECNEC meeting also approved several programs in the health sector for all the provinces at the cost of Rs131.787 billion. The programs in health sector include child health, family planning, control of hepatitis, control of malaria, control of avian and pandemic influenza, control of tuberculosis and primary health care.

The development Neuroscience department at Pakistan Institute of Medical Sciences (PIMS) was also approved at the cost of Rs7.285 billion.

The construction of 184-kilometer long Faisalabad to Khanewal Motorway also became the part of approval at the revised cost of Rs60.824 billion.

The meeting approved phase-III of Overseas Scholarship Scheme for 2,000 candidates who will do Doctoral Degrees from universities abroad and the government will bear all their expenses with an additional monthly stipend, the scheme is approved at the cost of Rs22.215 billion.

Critics argue that the government is trying to play the last winning shots before leaving the crease. The next government might have to reverse the projects depending on the financial condition of the country or may get in trouble completing the proposed and approved projects.