Pak's cheque worth Rs 5 billion bounced; pak local industries also face funds crunch

NewsX 2018-07-29

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In a yet another embarrassment for Pakistan as the road construction work has been stopped on China Pakistan economic corridor after the contractors stopped work on several projects of the of the CPEC after their cheques worth over rupees five billions were bounced. According to reports, Pakistan highway authority is going to a severe financial crisis and not only on project under CPEC but many other important projects are also facing stalemate.

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