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The Cabinet Committee on Fund Raising from Business Community for
Earthquake Relief has so far received Rs.6.6 billion from 221 Business groups
for earthquake relief while more than 700 business groups contacted by the
Committee are in the process to respond in this regard. Dr. Abdul Hafeez
Shaikh Federal Minister for Privatisation & Investment who is also Chairman of
the Cabinet Committee on FRFBCFER, constituted by the Prime Minister, said in
a statement issued here today.
He said urged upon the companies, which were in the process of responding to
the appeal for donation to take swift action for making the donations as every
passing moment was increasing the miseries of the affected people. All those
who were determined to contribute in the form of cash or kind should not make
any further delay and transmit their contributions immediately, he said.
Giving the breakup of the funding as on October 22, 2005, Dr. Abdul Hafeez
Shaikh informed that Rs.4, 837. 96 million has been raised for the President's
Fund, Rs. 125. 20 million to other relief funds and the increase in
contributions in kind were worth Rs. 1,602. 13 million. The Minister again
requested the donors to indicate the worth of goods at the time of their
handing over, as most of the people did not indicate the value of the goods,
which was essential to compare the remaining requirements.
Dr. Hafeez Shaikh appealed to the remaining business groups to respond swiftly
to the appeal for contributions towards the President's Relief Fund to extend
timely help to the victims. The enthusiastic response from the people of
Pakistan was being highly acknowledged by the world at large, which has made
us proud to be part of this nation, he stated.
The Ministry of Privatisation & Investment is working as unofficial
secretariat of the Committee while Mr. M. Tahsin Khan Iqbal Secretary M/o P &
I is the coordinating Secretary for this national task. The other members of
the Committee includes Mr. Humayun Akhtar Khan Minister for Commerce, Mr.
Owais Ahmad Khan Laghari Minister for Telecom & I.T, Mr. Mushtaq Ali Cheema
Minister for Textile, Mr. Jehangir Khan Tareen Minister for Industries, Dr.
Salman Shah Advisor for Finance, Mr. Umar Ahmad Ghumman MOS for Privatisation
& Investment, Mr. Hamid Yar Hiraj MOS Commerce and Mr. Umar Ayub MOS Finance.