The World Bank has officially evinced interest in J.Salik's suggestion of launching international lottery scheme to raise funds for IMF debt relief of poor countries including Pakistan.

Image

Islamabad 12th July 2001. The ex. Federal Minister, a leader, won elections of metropolitan and National Assembly of Pakistan, snatching christian vote bank on very simple and attractive religious slogan of allocation of time for christian prayers an

In a letter addressed to the convener of World Minorities Alliance and former Federal Minister J.Salik, the World Bank said "Your suggestion about rising money to launch a Fund to retire external debts of the poorest countries (Including Pakistan) is interesting, and we are grateful for your concern with this important subject." In June last J.Salik had suggested to the World Bank to launch a lottery scheme like many Western and Eastern countries and welfare agencies in the larger interest of the poor and the debt ridden countries of the world. He had proposed that the Bank might put on sale vouchers of small denomination, say dollar one. The people throughout the world might invest a dollar a day in the Bank's benevolent scheme. Every week a part of the proceeds might be divided among lottery winners and the rest be utilized for debt retirement of poor countries. Pakistan might be among top beneficiaries. In response to the J.Salik's suggestion the manager of Heavily Indebted Poor Countries (HIPC) Initiative Unit Washington Mr. Alex Van Trotsenburg in the letter said "We are making great progress in our efforts to eliminate unsustainable debts in HIPC Initiative Unit including to date in identifying the necessary resources from the official creditors. Mr. Trotsenburg also explained in detail the working of his unit at the World Bank. The World Bank President, Mr. Wolfensohn had forwarded J.Salik's suggestion to the HIPC initiative unit manager. Earlier in February last the convenor of the World Minorities Alliance had announced a year long campaign for retirement of foreign debt of Pakistan. J.Salik had vowed to take a bowl of poison on February 26 next like Socrates in front of the headquarters of World Bank in Washington in case of the failure.'

You May Also Like

Image

Pope Francis funeral updates: Pope Francis laid to rest after historic funeral in front of 250,000

Vatican City: (ABC NEWS) Francis, who took his name after Saint Francis of Assisi, was known for his outreach to the poor and those in poverty and

Image

Pope Francis, first Latin American pontiff who ministered with a charming, humble style, dies at 88

 



VATICAN CITY (AP) Pope Francis, history’s first Latin American pontiff who charmed the world with his humble style and conce

Image

A Baloch Political trader killed by death squad in historic city of Naal. By Ahmar Mustikhan

Shahjahan Kurd, a shopkeeper in Naal town of Balochistan was gunned down Saturday. He was the sole breadwinner of his extended family which include



"Trial of Pakistani Christian Nation" By Nazir S Bhatti

On demand of our readers, I have decided to release E-Book version of "Trial of Pakistani Christian Nation" on website of PCP which can also be viewed on website of Pakistan Christian Congress www.pakistanchristiancongress.org . You can read chapter wise by clicking tab on left handside of PDF format of E-Book.

nazirbhattipcc@aol.com , pakistanchristianpost@yahoo.com