Diamer-Bhasha Dam: ADB would release funds once a joint sitting of parliament favours it

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ISLAMABAD: The government decided on Tuesday to hold a meeting of the Council of Common Interests (CCI) on July 18 to discuss and approve the Diamer-Bhasha Dam in order to meet a condition set by donors for the release of funds for the project.

The project ran into trouble when the World Bank conveyed to the government that it would not release funds after India raised objections to it claiming that the project was located in Gilgit-Baltistan which it considered a disputed territory.

The Asian Development Bank linked the release of funds to the adoption of a resolution by a joint sitting of parliament in the favour of the project.

The ADB, according to official sources, said in a letter to the government that the Diamer-Bhasha Dam was a controversial project and political consensus was needed for its construction.

It further said that funds for the dam would be released after a joint sitting of parliament adopted a resolution in its favour.

The government informed the ADB that a resolution could not be got approved from a joint sitting of parliament and that the CCI was a competent and right forum for resolving such issues. The government informed the ADB that the project would be approved by CCI through a unanimous resolution.

The CII is headed by the prime minister and comprises the four provincial chief ministers and three federal ministers.

Courtesy: Dawan

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