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Torrential rains and flood enter the second day

By Zahiruddin

CHITRAL: Torrential rains entered the third consecutive day on Thursday in Chitral and washed away more houses, lands and suspension bridges over the river and steams and suspending vehicular traffic. Assistant coordination officer Miftahuddin told chitraltimes.com that Booni town in upper Chitral has been hit severely by the flood from where people have been removed to the safer place at Kaghlusht where tent village has been established. He said that the newly constructed government degree college Booni is being hit by river flood and water will enter the building any time from where students have been evacuated. He said that the villages of Chuinj, Brep and Sor Laspur have also been hit by flood where a large number of people have been rendered homeless. Meanwhile, in Kalash valley of Bumburate, the rest house of Chitral Scouts was away by the flood in the stream along with dozens of suspension bridges across the valley. The PTDC hotel of the Tourism Ministry of Government of Pakistan is also on the brink of flood danger from where guests were evacuated for their safety. The 36-km long road from Ayun village to the two Kalash valleys of Bumburate and Rumbur were closed for all kind of vehicular traffic as the road has been damaged by the flood. In Garam Chashma valley also, the flood has caused devastation to the human settlements. In Drosh town, a woman lost her life when the currents of flash flood hit her.


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SBP extends deadline for submission of claims under PM’s Fiscal Relief Package

Chitraltimes Report

KARACHI: The State Bank of Pakistan has extended the deadline to August 16, 2010 for submission of claims by banks/DFIs/MFBs under the Prime Minister’s Fiscal Relief Package to rehabilitate economic life in Khyber Pakthunkhwa, Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA).
Earlier, the State Bank had fixed July 31, 2010 as the deadline for banks/DFIs/MFBs to claim mark-up rate differential under the Package. The deadline has been extended to facilitate banks/DFIs/MFBs and the borrowers of these areas.