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World pledges $8.57 bn to Pakistan for rehabilitation, reconstruction of flood-hit areas

World pledges $8.57 bn to Pakistan for rehabilitation, reconstruction of flood-hit areas

World pledges $8.57 bn to Pakistan for rehabilitation, reconstruction of flood-hit areas

World pledges $8.57 bn to Pakistan for rehabilitation, reconstruction of flood-hit areas

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  • IDB pledges $4.2bn, WB $2 bn and ADB $1.5 bn
  • USAID pledged $100 mn, France $345 mn and EU $93 mn
  • Second plenary session would commence shortly.
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ISLAMABAD: Federal Minister for Information & Broadcasting Marriyum Aurangzeb on Monday said the world had pledged $8.57 billion to Pakistan for rehabilitation and reconstruction of flood-hit areas.

In a tweet, Marriyum Aurangzeb said the first plenary of day-long Geneva conference culminated in generous outpouring of international community. “EU pledged $93 million, Germany $88 million, China $100 million, IDB $4.2 Billion, WB $2 billion, Japan $77 million, ADB $1.5 billion #ResilientPakistan.

“USAID $100 million, France $345 million, total $8.57 billion, in line with collaborative vision of coalition of willing,” she tweeted.

The minister said the second plenary session would commence shortly.

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PM Shehbaz Sharif calls for support of $16.3bn post floods
PM Shehbaz Sharif calls for support of $16.3bn post floods

PM Shehbaz Sharif called for global support post floods He was addressing...

Prime Minister (PM) Shehbaz Sharif Monday called for securing global support and forging long-term partnerships to help the country cope with the challenges of devastating floods of 2022 during the International Conference on Climate Resilient Pakistan, co-hosted by the Government of Pakistan and the United Nations in Geneva.

The conference brought together governments, leaders from the public and private sectors and civil society to support the people and the government of Pakistan to deal with the enormous challenge of post-flood reconstruction and rehabilitation.

Prime Minister Shehbaz Sharif and UN Secretary-General Antonio Guterres, flanked by Foreign Minister Bilawal Bhutto Zardari relayed the call for supporting the needs of 33 million people displaced by the country’s worst flood disaster.

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Shehbaz Sharif in his address mentioned Pakistan’s Resilient Recovery, Rehabilitation, and Reconstruction Framework (4RF), which laid out a multisectoral strategy for rehabilitation and reconstruction in a climate-resilient and inclusive manner.

As per estimates, the devastating floods in 2022 left one-third of the country submerged, about 15,000 dead or injured and 8 million displaced. Over 2 million homes, 13,000 kilometres of highways, 439 bridges and more than 4 million acres of agricultural land were destroyed or damaged. An estimated nine million more people could be forced into poverty as a direct consequence of these floods.

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