Steering Committee meeting for Temporarily Displaced Persons (TDPs) Meets at Economic Affairs Division

 

A Special Steering Committee meeting for FATA Temporarily Displaced Persons (TDPs) Emergency Recovery Project was held today at Economic Affairs Division. Minister for Finance, Senator Mohammad Ishaq Dar chaired the meeting.

Speaking on the occasion, the Finance Minister emphasized that the success of Operation “Zarb-e-Azb” depended upon the well coordinated efforts of all stakeholders. He stated that the total cost of the operation was US$ 1.9 billion, of which the cost of rehabilitation is US$ 800 million; US$ 530 million is for Security enhancement and the operational cost is US$ 270 million of which the Government had disbursed half of the amount and would continue to support till the successful completion of the operation. Similarly Government has also spent US$300 million for wheat subsidy and other TDP related expenses.

The Minister was pleased to note that all the stakeholders which include Federal Government, FATA, SAFRON and security forces had worked diligently and in a coordinated manner in order to achieve objectives of the operation for safe return of FATA TDPs. He appreciated the efforts of World Bank for financing of US$ 75 million for cash transfer support to FATA TDPs. He directed NADRA to leave no stone unturned in preparation of software and mechanism that would pass the tests of all international standards of transparency as this was the hallmark of the Government.

Secretary, EAD informed that for rehabilitation cost of US$ 800 million, donors such as China, IDB and Italy are already forthcoming with their assistance, the modalities are being finalized. Other donors will also be mobilized in this regard.

Finance Minister also inaugurated the Operations Unit for the Temporarily Displaced Persons at the Economic Affairs Division and issued instructions that the work of return and rehabilitation of TDPs must be completed by the end of 2016 as planned.

The Minister appreciated the efforts of the World Bank for the financial support and congratulated EAD for setting up the TDPs Operation Unit with the help of Islamic Development Bank. This unit will serve as a focal body for not only implementing FATA TDPs Emergency Recovery Project but also mobilizing and coordinating other donors’ assistance.  

Senior officials of Economic Affairs Division, Finance Division, Planning & Development, SAFRON, FATA, NADRA, S&M Secretariat and Country Director World Bank attended the meeting.