Pakistan to Seek Approval for Rs700 Billion Flood Protection Plan
The government plans to present the National Flood Protection Plan, with an estimated cost of Rs700 billion, to the Council of Common Interests for approval. The funding will be shared equally between federal and provincial governments.
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The National Flood Protection Plan, originally approved in 2017, is set for consideration by the Council of Common Interests, aiming to enhance flood defenses in Pakistan. Funding for this initiative is estimated at Rs700 billion, to be equally shared by the federal and provincial governments.
Additionally, during fiscal year 2025-26, the Central Development Working Party reviewed 330 items, approving 192, which are expected to create 289,000 direct and 424,000 indirect jobs. The planning minister emphasized the importance of aligning higher education with industry needs and announced a collaboration with the US for educational reform, including a proposed campus by the University of Illinois Chicago in Pakistan. The revival of the US-Pakistan Knowledge Corridor Programme aims to expand opportunities for Pakistani scholars.
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