ISLAMABAD: The Central Development Working Party (CDWP) on Friday cleared a total of eight development projects worth Rs266.55 billion despite serious reservations over 193 per cent cost escalation in Karachi’s Yellow Bus Transit and non-compliance with prior government guideline in Rawalpindi’s cardiac centre.

The meeting of the CDWP, presided over by Planning Minister Ahsan Iqbal, itself approved four projects involving a total cost of Rs10.55bn and recommended four larger projects to the Executive Committee of the National Economic Council (Ecnec) for approval.

The meeting recommended to Ecnec for approval “Karachi........

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