IMF package will improve Pakistan’s economy: Bilawal Bhutto

• He said economy is going through a difficult period.
• FM said the flood destroyed agriculture in Sindh and Punjab.
• He said United Nation supported the country in this difficult time.

KARACHI: Foreign Minister Bilawal Bhutto Zardari has said that the successful negotiations with the International Monetary Fund (IMF) will improve the situation of Pakistan’s economy.

Federal Minister Bilawal Bhutto while addressing the conference said that the economy is going through a difficult period, and there is a severe economic and political crisis in the country.

The foreign minister said that the finance minister is currently holding meetings with IMF and it is hoped that the negotiations will be successful. He said the success of the negotiations will improve the situation of the Pakistani economy, and the economic needs of the country will be met.

He said major parts of Pakistan were badly affected due to the monsoon rains and flood last year. He said the flood destroyed agriculture in Sindh and Punjab. He said United Nation supported the country in this difficult time.

The federal minister said that after the successful Geneva conference and government has decided today to build houses, hospitals, and schools in these areas.

The Foreign Minister said that “I am very grateful to the UN Secretary-General who took his time and came to Pakistan to help the people.”

Bilawal Bhutto said that now other organizations are also coming forward for People’s Housing and the provincial government needs 1.5 billion dollars to build houses.

He said that the Prime Minister has assured the chief minister of Sindh that the federal government will provide the share and will also give ownership rights to the flood-affected people.

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Bilawal Bhutto further said that “I want to explain to Islamabad that the resettlement of flood victims is the priority, international organizations should play their full role for the economy as well as flood-affected areas and people.”