BAFL 45.26 Increased By ▲ 0.21 (0.47%)
BIPL 20.08 Decreased By ▼ -0.43 (-2.1%)
BOP 5.42 Decreased By ▼ -0.22 (-3.9%)
CNERGY 4.54 Decreased By ▼ -0.01 (-0.22%)
DFML 15.65 Decreased By ▼ -0.05 (-0.32%)
DGKC 73.20 Increased By ▲ 1.99 (2.79%)
FABL 27.33 Decreased By ▼ -0.07 (-0.26%)
FCCL 17.54 Increased By ▲ 0.39 (2.27%)
FFL 9.05 Increased By ▲ 0.50 (5.85%)
GGL 12.60 Decreased By ▼ -0.07 (-0.55%)
HBL 111.67 Decreased By ▼ -1.03 (-0.91%)
HUBC 122.28 Increased By ▲ 3.17 (2.66%)
HUMNL 7.24 Decreased By ▼ -0.36 (-4.74%)
KEL 3.26 Decreased By ▼ -0.01 (-0.31%)
LOTCHEM 27.70 Decreased By ▼ -0.15 (-0.54%)
MLCF 39.55 Increased By ▲ 0.47 (1.2%)
OGDC 108.80 Increased By ▲ 0.49 (0.45%)
PAEL 17.74 Decreased By ▼ -0.01 (-0.06%)
PIBTL 5.40 Decreased By ▼ -0.16 (-2.88%)
PIOC 107.40 Increased By ▲ 1.40 (1.32%)
PPL 91.77 Decreased By ▼ -0.73 (-0.79%)
PRL 24.95 Decreased By ▼ -0.39 (-1.54%)
SILK 1.06 Decreased By ▼ -0.01 (-0.93%)
SNGP 63.04 Decreased By ▼ -0.68 (-1.07%)
SSGC 11.89 Decreased By ▼ -0.11 (-0.92%)
TELE 8.15 Decreased By ▼ -0.31 (-3.66%)
TPLP 13.16 Decreased By ▼ -0.18 (-1.35%)
TRG 81.38 Decreased By ▼ -4.02 (-4.71%)
UNITY 25.85 Decreased By ▼ -0.11 (-0.42%)
WTL 1.51 Decreased By ▼ -0.03 (-1.95%)
BR100 6,181 Decreased By -4.8 (-0.08%)
BR30 21,539 Increased By 79.8 (0.37%)
KSE100 60,531 Increased By 29.3 (0.05%)
KSE30 20,188 Increased By 13 (0.06%)

ISLAMABAD: Prime Minister Shehbaz Sharif established a relief fund to help flood affectees on Saturday with an appeal to the public, especially the philanthropists to contribute in order to help the flood affectees with an open heart.

The prime minister has stated that the historic rains have created a flood situation. There has been an extraordinary disaster in Balochistan, immense losses in Sindh, Khyber-Pakhtunkhwa, and Punjab, and the government has immediately released Rs5 billion for the flood victims despite the difficult economic conditions.

He added that the people, especially the philanthropists, are requested to lend a helping hand to the government in rehabilitating those Pakistanis surrounded by difficulties as there is a need to help the flood-affected brothers, sisters and children with the spirit of Ansar-e-Medina. He has said that just as the people of Pakistan had set an example in the whole world by generously helping the affectees during the earthquake of 2005 and the biggest flood of the country in 2010, the same spirit is needed even today.

Balochistan floods: PM orders disbursement of financial assistance

The prime minister added that the funds for the flood victims can be deposited in Prime Minister’s Relief Fund, 2022. The federal government has imposed an emergency in the flood-affected areas so that the relief work can be accelerated.

On Friday, the prime minister chaired a meeting after visiting the flood-affected areas and set up an emergency committee to coordinate with the provinces to carry out relief efforts in coordinated and effectives manners to help the flood victims and directed the Finance Ministry to immediately release Rs5 billion to the National Disaster Management Authority.

Copyright Business Recorder, 2022

Comments

Comments are closed.

PM establishes flood relief fund

COP28 opens with ‘historic’ launch of loss and damage fund

Blinken says truce between Israel-Hamas is producing results

Long wait for freedom: Afghan refugees in limbo in Pakistan

Inter-bank: rupee registered 3rd successive gain against US dollar

Open market: rupee strengthens against US dollar

Pakistan’s central bank reserves increase $77mn, now stand at $7.26bn

PM Kakar calls for utilizing Loss & Damage Fund on merit

Oil prices fall amid skepticism on OPEC+ supply cuts

Pakistan cannot develop without development of Balochistan: Zardari

KSE-100 stays flat amid profit-taking