FOREIGN FUNDED PROJECTS (FFP)

On 31 Aug 2022, Sardar Ayaz Sadiq, the Honorable Federal Minister for Economic Affairs chaired an emergency session on Initial Damage Assessment of Foreign Funded Projects (FFP) affected by unprecedented rains and flash floods across the country.

The meeting was attended by Dr. Ayesha Ghaus Pasha, State Minister for Finance, Dr. Kazim Niaz, Secretary Ministry of Economic Affairs, Mr. Humair Kareem, Additional Secretary EAD, and representatives from Provincial Governments including P&D, BOR Punjab, Sindh, KP, Balochistan, AJK and GB, and all relevant provincial PDs.

Minister for Economic Affairs welcomed the participants to the meeting and stated that in continuation of 29 successful NCC-FFP sessions, the objective of calling this emergency session was to review the initial damage assessment caused by heavy rains and flashfloods to the implementation of Foreign Funded Projects (FFP) in the provinces, including AJK and GB and to attend to the issues of the affected projects on urgent basis to pace up disbursements and progress.

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