Islamabad: (RightNow) The Pakistani rupee has depreciated against the dollar, resulting in billions of rupees in losses for the government. The Ministry of Water Resources has presented details in the National Assembly.

The cost of the Diamer Bhasha Dam’s PC-1 has increased by 642 billion rupees. The new PC-1 price has risen from 479 billion to 1,121 billion rupees. Changes in foreign exchange rates have contributed to the cost increase.

The new PC-1 has been submitted to the Ministry of Water Resources. Similarly, the cost of the Dasu Hydropower Project has surged from 486 billion to 1,740 billion rupees, marking a 260% increase.

This situation is significantly impacting the national economy, as the increase is straining government financial resources. The depreciation of the rupee is affecting development projects.

It is important to note that the Diamer Bhasha Dam and Dasu Hydropower Project play a crucial role in the national economy. The cost increase could pose challenges for future development projects.