Pakistan, British work to mitigate impacts of post-flood crisis

December 07, 2022 (MLN): The British government will help Pakistan people in mitigating the socio-economic impacts of the post-flood crisis, a press release issued by the finance division on Tuesday showed.

A meeting was held at the finance division between Finance Minister Ishaq Dar and British High Commissioner, H.E Dr. Christian Turner along with UNDP Consultant Sir Michael Barber.

During the meeting, FM discussed the overall economic outlook of the country and shared that Pakistan is meeting its external financial obligations and has recently repaid a $1 billion bond.

He further discussed, “The ongoing post-flood reconstruction and rehabilitation program and shared that the overall reconstruction and rehabilitation phase is going to take 5-7 Fiscal Year”.

“The present government has a comprehensive and pragmatic program in terms of revenues and expenditures for meeting its national as well as international financial obligations”, he added. 

The FM also briefed about the policies and measures being undertaken by the present government for safeguarding the vulnerable segments of society and said that the present government aims to ensure economic and fiscal stability leading to economic recovery and growth.

The High commissioner commended the practical measures being undertaken by the present government and offered all possible help from the British government for the people of Pakistan in mitigating the socio-economic impacts of the post-flood crisis.

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