Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan and the Forex Association of Pakistan, expressed deep sorrow over the devastation caused by the recent floods in various districts of Punjab and appealed to political parties to practically work for the rehabilitation of flood victims. He emphasized the need for increased coordinated federal efforts despite ongoing provincial relief operations. Stressing the need for national unity in this difficult time, he said, “We understand the difficulties of the flood-affected people, and we have to face this difficult time together.” According to official figures, more than 1.8 million people have been directly affected by the floods, a large number of whom have been displaced from their homes. Bostan appealed to political factions to prioritize real aid, including relocation to safe places and distribution of resources, rather than political statements about the disaster.
He accused India of “water terrorism,” linking it to revenge for past military failures against Pakistan. However, he expressed unwavering confidence in the Pakistan Armed Forces, the government, and the people, under the leadership of Field Marshal Syed Asim Munir, to achieve success in this alleged “water war.” He praised the Pakistan Army, the National Disaster Management Authority, and the government for their initial response.
With reports indicating the floods are moving towards Sindh, Bostan stressed the need for immediate government intervention to mitigate potential disasters. Referring to weather forecasts predicting rain in Karachi, he warned that without immediate action, the city is at risk of severe flooding and hardship for its residents.