The Karachi Development Authority has been facing a financial crisis for the last two years. It has reached a point where the authority is unable to pay salaries and pensions to its employees. KDA employees have not been paid for the last three months. The Sindh local government department last week requested the provincial cabinet to approve a loan of Rs844.159 million to clear outstanding dues of the KDA. It said the loan would be paid back by auctioning KDA plots. But Sindh Chief Minister Murad Ali Shah said the KDA, local bodies and market committees were autonomous. They had their own system to pay salaries, gratuities and pensions to their employees, he said. CM Shah ask
Hence then, the article about what s behind the financial crisis facing the karachi development authority was published today ( ) and is available onsamanews ( palestine ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( What’s behind the financial crisis facing the Karachi Development Authority? )