Foreign aid to help stablise rupee: Iqbal

Minister optimistic on economy's ability to bounce back


APP September 19, 2022
Ahsan Iqbal. PHOTO: Reuters/FILE

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ISLAMABAD:

Minister for Planning, Development and Special Initiatives Ahsan Iqbal Sunday said that the foreign aid being received for the flood victims in the country could help stabilise the rupee.

He said although the country had faced more than $30 billion in losses due to the recent floods and torrential rains across the country, Pakistan’s economy was able to come out of the crisis.

Iqbal was talking to media persons during his visit to the flood-hit areas of Tehsil Khairpur Nathan Shah, Sindh.

He said at this time, everybody should participate in relief activities rather than engage in politics.

The minister also reviewed the relief camp in the area established by the Pakistan Navy. He was briefed on the navy’s rescue mission and relief activities.

Iqbal, who also heads National Flood Response Coordination Centre, inquired about the difficulties being faced by the local administration, civil society and the people residing in the camp.

He said the climate change issues had brought disaster in the country but the spirit of Pakistani nation was indomitable to overcome this disaster with unity and solidarity.

COMMENTS (2)

Akbar Hussain | 2 years ago | Reply We are hard working and proud nation. You made us baggers in entire world. Why you are not making laws to bring back looted wealth. You have changed the law so that no one can challenge you in court and claiming that you are innocent.
Saeed | 2 years ago | Reply Bhikari number 1
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