ECC allows Wapda to float Eurobonds
The Economic Coordination Committee (ECC) on Thursday approved in principle to allow Water and Power Development Authority (Wapda) to float Eurobonds worth the US $ 500 million for mega-dam projects. Federal Minister for Finance and Revenue, Dr. Abdul Hafeez‘s finance advisor, chaired a meeting. Ministry of Water Resources presented a summary for issuance of WAPDA’s…