AIRLINK 77.85 Increased By ▲ 4.85 (6.64%)
BOP 5.35 No Change ▼ 0.00 (0%)
CNERGY 4.31 No Change ▼ 0.00 (0%)
DFML 28.30 Decreased By ▼ -0.25 (-0.88%)
DGKC 78.25 Increased By ▲ 3.96 (5.33%)
FCCL 20.67 Increased By ▲ 0.32 (1.57%)
FFBL 31.85 Increased By ▲ 0.95 (3.07%)
FFL 10.26 Increased By ▲ 0.20 (1.99%)
GGL 10.29 Decreased By ▼ -0.10 (-0.96%)
HBL 118.50 Increased By ▲ 2.53 (2.18%)
HUBC 134.81 Increased By ▲ 2.61 (1.97%)
HUMNL 6.72 Increased By ▲ 0.04 (0.6%)
KEL 4.14 Increased By ▲ 0.11 (2.73%)
KOSM 4.81 Increased By ▲ 0.21 (4.57%)
MLCF 39.06 Increased By ▲ 0.52 (1.35%)
OGDC 134.75 Increased By ▲ 0.90 (0.67%)
PAEL 23.45 Decreased By ▼ -0.38 (-1.59%)
PIAA 26.60 Decreased By ▼ -0.53 (-1.95%)
PIBTL 7.03 Increased By ▲ 0.27 (3.99%)
PPL 113.20 Increased By ▲ 0.40 (0.35%)
PRL 27.58 Decreased By ▼ -0.58 (-2.06%)
PTC 14.58 Decreased By ▼ -0.31 (-2.08%)
SEARL 56.80 Increased By ▲ 0.38 (0.67%)
SNGP 65.99 Increased By ▲ 0.19 (0.29%)
SSGC 10.98 Decreased By ▼ -0.03 (-0.27%)
TELE 9.15 Increased By ▲ 0.13 (1.44%)
TPLP 11.76 Decreased By ▼ -0.14 (-1.18%)
TRG 69.98 Increased By ▲ 0.88 (1.27%)
UNITY 23.93 Increased By ▲ 0.22 (0.93%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
BR100 7,496 Increased By 61.4 (0.83%)
BR30 24,541 Increased By 321.2 (1.33%)
KSE100 72,073 Increased By 714.1 (1%)
KSE30 23,811 Increased By 244.2 (1.04%)

It is quite unfortunate that Sindh government’s foot-dragging has continued to delay Karachi’s mega water project, which is known as ‘K-IV’. Although the project was slated to be completed by 2019, it is still a pending project. It is to be jointly developed by both federal and provincial governments to augment water supply to the city of teeming millions.

Piqued by Sindh government’s lack of cooperation perhaps, the federal government has warned that if the liabilities of K-IV project were not adjusted with counterpart funding by March 31, 2022, it will be adjusted through the Federal Adjustor.

This development appears to be a strong indication of growing tensions between the federal and provincial governments. The centre-province row must come to an end. Both the governments, particularly Sindh’s, must take steps aimed at completing this project at the earliest in the larger interest of people of this city, which is also country’s economic hub.

Shahid Farooqui (Karachi)

Copyright Business Recorder, 2022

Comments

Comments are closed.