Source: Daily Times

Pakistan will not go bankrupt due to the ongoing economic crisis, President Asif Ali Zardari said on Thursday.

“Pakistan is not going to bankrupt. It is not a limited company … We are negotiating with the international community to address the situation,” Zardari said at the launch of Rs 34 billion Benazir Income Support Programme (BISP) at Aiwan-e-Sadr.

Under the scheme, families with a monthly income of less than Rs 6,000 will be paid Rs 2,000 every two months.

Zardari said he understood there was a sense of depression among people due to the current economic situation, and gave assurances that the government was taking effective measures to address the situation.

Cancer: The president said the government was not afraid of terrorists and that it would wipe out this ‘cancer’ from society.

“We are not afraid of terrorists. The government, the people and myself are all steadfast in our resolve to wipe out this cancer from society.”

He said strong nations handle crisis with courage. He urged people to have faith in the government, which he said was capable of rising to all challenges. He said the Pakistan People’s Party’s stance on the Kashmir issue was unchanged.

Zardari called an in-camera joint session of parliament on the country’s security situation a positive step towards the strengthening of democracy. He also praised ANP President Asfandyar Wali Khan for fighting extremism and terrorism.

Commenting on the BISP, he said the scheme was a step towards the empowerment of women and reducing sufferings of the poorest of the poor. app

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Tags: bankrupt, Benazir Income Support Programme, economic crisis, limited company