Economy based on strong footing, zero chance of default: Ahsan Iqbal

Business Jan, 14 2023
Economy based on strong footing, zero chance of default: Ahsan Iqbal
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ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said despite economic challenges Pakistan was not defaulting in any case.

“Although we are facing economic challenges, there is zero percent chance of defaulting”, Ahsan Iqbal said while talking to British Broadcasting Corporation (BBC). He said Pakistan’s economy had strong footings therefore, it would come out of crisis very soon.

Ahsan Iqbal said over 1700 people were died across country during torrential rains and floods last year.

More than 9 million people slipped under poverty line while over 8 million people were facing mal-nutrition due to devastating floods and rains, he added.

He said rehabilitation and reconstruction process was continued in flood hit areas across country, however he added that complete recovery would take two to three years’ time.

To a question, he explained that government had prepared three years’ agenda for revival of flood affected people.

Ahsan Iqbal said Pakistan would complete reconstruction process with help of international community and development partners.

Published in The Daily National Courier, January, 14 2023

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