Rs5bn grant okayed for flood-hit people

Published August 7, 2022
Finance Minister Miftah Ismail presides over a meeting of the Economic Coordination Committee on Saturday. — Photo courtesy: Twitter
Finance Minister Miftah Ismail presides over a meeting of the Economic Coordination Committee on Saturday. — Photo courtesy: Twitter

ISLAMABAD: The Eco­no­mic Coordination Comm­ittee (ECC) of the cabinet at a special meeting on Sat­urday approved technical supplementary grant of Rs5 billion to be used for rescue and relief activities and as compensation for deaths and injuries caused by floods during the year.

Separately, Prime Mini­ster Shehbaz Sharif, who visited flood-hit areas over the past week, announced setting up ‘Prime Minister’s Relief Fund’ and appealed to the philanthropists and well-off segments of society to support flood affectees with generous donations.

According to the ECC decision, the amount will be allocated from contingency provision of Finance Divi­sion as block provision to the National Disaster Manage­ment Fund (NDMF).

Finance Minister Miftah Ismail, who chaired the mee­ting, ordered immediate transfer of funds for timely help of flood affectees. The directive came after the Nat­ional Disaster Management Authority presented a summary for allocation of funds on the PM’s instructions.

The NDMA chairman requested the ECC that block allocation of Rs5bn may be made to NDMF.

Minister of State for Finance and Revenue Dr Aisha Ghous Pasha, Coordi­na­tor to the PM on Comm­erce and Industry Rana Ihsan Afzal, Coordinator to the PM on Economy Bilal Azhar Kayani, federal secretaries and other senior officers attended the meeting.

Relief Fund

The prime minister while presiding over a separate meeting said the countrymen had already set a precedent in the world by making generous donations during the 2005 earthquake and 2010 floods to support the affected populace.

The donations can be deposited in Account No: G-12164 of the Prime Minister’s Relief Fund 2022.

Mr Sharif observed that the historic rainfall had triggered huge catastrophe which had badly affected Balochistan, leaving a trail of unmatched destruction.

Sindh, Khyber Pakhtunkhwa and Punjab were also badly hit, he said, adding that despite the difficult financial situation, the government had released Rs5bn for the affected families.

The prime minister urged the wealthy people to support the government’s efforts in the rehabilitation work. The affected brothers, sisters and children required support with the rekindling of the Ansar-i-Madina-like passion, he said.

The federal government has already declared an emergency situation in the flood-affected areas. The provincial governments had also been urged to declare them as calamity-hit areas so that relief and rehabilitation efforts could be expedited.

Meanwhile, the Federal Flood Commission has said that River Indus is flowing in medium flood at Guddu (downstream Taunsa) and in low flood at Sukkur.

According to the daily FFC report for Saturday, all other main rivers of the Indus River System — Jhelum, Chenab, Ravi and Sutlej rivers, including the Indus at Tarbela, Kalabagh, Chashma and Kotri — have normal flow conditions at present.

Published in Dawn, August 7th, 2022

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...