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ECC okays Rs44bn financial aid for PIA - Newspaper

Supplementary grants: Several depts demand additional funds beyond budgetary allocations

Supplementary grants: Several depts demand extra funds beyond allocations

Railways seeks Rs11b for protection of ML-I project

Railways seeks Rs11b for protection of ML-I project Move comes in addition to two special security divisions already set up by military for CPEC ISLAMABAD: The Pakistan Railways has sought Rs11 billion to protect Mainline-I project of the China-Pakistan Economic Corridor despite creation of two special security divisions by the military costing nearly Rs23 billion every year. The railways authorities have asked the government to provide 1% of the total cost of $6.8 billion of the ML-I project to protect the infrastructure and human resource, sources in the Ministry of Finance said. The 1% cost is equal to roughly $69 million or Rs11 billion at current exchange rate. The money is being sought for the armed forces and Pakistan Railways, the sources said.

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