Foreign aid to help stablise rupee: Iqbal

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.