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Foreign Minister Shah Mehmood Qureshi left for the United States on Monday to attend the International Inter-faith Conference to be held in the second week of November. Before leaving for Washington, talking to reporters, Qureshi said Saudi King Abdullah would chair the conference, which would be attended by heads of states and delegates from across the world.
He said the conference would provide an opportunity to dispel misunderstandings and promote solidarity among people belonging to different faiths. The Foreign Minister said that people involved in the illegal transfer of dollars would be brought to book irrespective of their influence." If any political bigwigs were found involved in the scandal, they will also be punished in line with the law."
At present, he said, we did not know the exact amount of dollars transferred, but computers and other information had been taken into custody during raids conducted against the suspected persons. He said that economic situation would be improved and value of Pak currency would also be developed with the measures taken by the Government. He said the biggest challenge for the present government was to stabilise the spiralling prices and to provide relief to the masses. He said the government had started work in the right direction and people would see improvement in the situation within the next six months. He said, the government is expecting an increase in the production of wheat this year, due to which its price would also plummet.
To a question, Qureshi said the IMF had not imposed any condition unacceptable to the government but it only asked the government to stick to its planning during the next two years. About measures for dealing with the economic crisis, he said talks were held with China, the UAE and Saudi Arabia and they would now decide to provide Pakistan with assistance in the shape of oil or cash.

Copyright Business Recorder, 2008

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