*ISLAMABAD – The government has collected Rs 1.6 billion so far for thepurpose of the construction of Diamer Basha and Mohmand Dam in Pakistan.*
At the moment, the total amount as of August 29, 2018 stands at Rs1,584,765,924 in the Diamer Basha and Mohmand Dam Fund Account, establishedby the State Bank of Pakistan (SBP) on the instructions of Supreme Court.
The fund account was established back in July, 2018, with accounts havebeen opened in all SBP (BSC) field offices, commercial banks andmicrofinance banks. The fund can receive donations from both domestic andinternational donors -individuals and companies.
As of August 28, 2018, Rs 51,774,890 were collected through the centralbank SMS service. Whereas, Rs 26.5 million was collected from Interbanktransfer service (IBFT) whereas an amount of over Rs 1.49 billion wascollected at bank branches.
Earlier on Tuesday, the SBP in order to facilitate the donations/paymentsmade to Supreme Court of Pakistan’s Diamer Basha and Mohmand Dam FundAccount through payment cards (debit, credit or prepaid cards), decidedthat all issuing and acquiring banks in Pakistan shall not charge anyservice fee including interchange fee, merchant discount rate, transactionfee etc. on such transactions.