Finance

*Govt stands with flood affected in this hour of need and will utilize all available resources, Dar

Islamabad : Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting to review the payments of from cash assistance to flood affectees at Finance Division.
Minister of State for Finance and Revenue Dr. Ayesha Ghous Pasha, Governor SBP, President HBL, Secretary Finance, Secretary BISP and senior officers attended the meeting.

Secretary BISP briefed the meeting that almost ninety per cent of beneficiaries have been paid cash assistance. The remaining beneficiaries will receive the payment within next five days. He further informed that there were a few complaints regarding malpractices in payment at ATMs and POS.
Governor SBP and President HBL also updated the meeting on the situation and informed that a big volume of the relief cash has been distributed to the flood affectees and apprised on taking steps to address the complaints.
Finance Minister Senator Mohammad Ishaq Dar expressed concern on the malpractices in payments to the flood affectees and emphasized that the government stands with the people in this hour of need and will utilize all available resources for the rescue and assistance of the flood affectees. 

The Finance Minister further stressed SBP and HBL to redress the grievances of the flood effects and take every possible step for the smooth and actual distribution of cash relief to the affectees. He further directed to ensure availability of cash at all the distribution points, resolution of cyber related issues to ensure timely payment of relief cash to flood affectees by strengthening cash distribution system.

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