Pakistan revises budget estimates due to flood relief, rehabilitation: PM

SHARM EL-SHEIKH, Egypt, Nov 7 (APP): Prime Minister Muhammad Shehbaz Sharif on Monday said that due to relief and rehabilitation of the flood affected people, Pakistan has revised its budget estimates.

He expressed these views during the meeting with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieve held here on the sidelines of COP-27 Summit.

The Prime Minister said that saving people’s lives and rehabilitation of the flood affected masses was the first priority of government.

He hoped that the COP-27 Climate Conference will prove a mile-stone in getting climate justice.

The Prime Minister said after the COVID-19 pandemic and global recession, the flood situation had also put negative impact on Pakistan’s economic recovery pace.

He further said that Pakistan valued the IMF cooperation, adding, Pakistan will complete the current IMF program.