Govt starts giving funds for K4 Water Project in Karachi: Finance Minister

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs Dr Miftah Ismail on Friday said that the government has started giving funds for the K4 water project in Karachi.

In a federal budget speech 2018-19 in the National Assembly, the minister said that it was agreed during time of the previous government that federal government will pay 1/3rd of the cost of K4 water project in Karachi, adding that however, no money was ever paid and the project never took off the ground.

He said that it was the Pakistan Muslim League-Nawaz government that started giving funds for the K4 and ex Prime Minister Muhammad Nawaz Sharif also agreed to pick 45 per cent of the total cost.