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October 28, 2005 Friday Ramzan 23, 1426

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Single SBP account for quake funds demanded



By Our Reporter


ISLAMABAD, Oct 27: The People’s Party Parliamentarians has demanded that the government should open a single consolidated account in the State Bank of Pakistan for funds being collected for the earthquake-affected people.

In a statement issued here on Thursday, leader of the opposition in the Senate and deputy secretary general of the PPP Mian Raza Rabbani said the government should provide information about the total amount of funds credited to the account till date.

“Information about the amount of commitments and fund contributed by a particular country, donor agency, agency or individual showing its component to be adjusted against relief goods and the funds to be spent by any international organization for the purpose of reconstruction should be laid before parliament,” he added.

The account should be administered under the supervision of a bipartisan committee of parliament in order to ensure transparency.

This has to be a national reconstruction effort; therefore, civil society and the elected representatives have to be associated in it.

It is not appropriate that the organisations associated with such activities be dominated by army personnel.



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