Pakistan exceeds target, raises more than $9bn for flood recovery
Pakistan on Monday raised more than $9 billion at an international conference seeking support for its recovery from last year’s devastating floods — a billion more than requested.
The pledges came as the International Conference on Climate Resilient Pakistan kicked off in Geneva. Prime Minister Shehbaz Sharif co-hosted the conference along with United Nations Secretary General Antonio Guterres.
The purpose of the day-long moot — attended by heads of state and government and other stakeholders — was to marshal international support to rehabilitate the population affected by super floods and reconstruct damaged infrastructure in a climate-resilient manner.
During the conference, PM Shehbaz sought $8bn from Pakistan’s international partners over the next three years to rebuild the country as Guterres called for massive support to aid the rebuilding effort.
Participants appeared to heed PM Shehbaz’s call, with hundreds of millions of dollars promised even before the pledging part of the conference had begun.
An outcome document issued at the day’s end noted that delegations recalled their assistance to immediate relief efforts and affirmed their support to the people of Pakistan for a resilient recovery, rehabilitation and reconstruction.
Delegations expressed their solidarity and announced commitments of financial support to the realisation of the objectives and priority areas outlined in the recovery plan, as well as to ongoing humanitarian efforts, the document said.
Zia ur Rahim
beggars can't be choosers
PDM economic policies have failed and the nation is about to fall off a cliff.
What ? No Kashmir, no complain about abrogation of article 370.
Beggar PM. begging money on our name and later putting in his own pockets and corrupt allies.
Its so sad that Pakistan is asking for money on behalf of flood victims but most of it will be used to simply sustain the economy and other purposes. People are not fools.
Thus $16billion aid will end up in Shareef and Zardari pockets, they will incest in Europe and UAE....
PM Sehbaz is getting all monies so that Imran can eat them in next elections
tell him to bring back the loot . sell the aventfield apartments
They brought the country to this level in the international arena. Do they have any shame ??
We have a money for nuclear bombs, not for flood rehabilitation !
@RDM, that is because, we have toxc neighbours from all side!!
Truth be told
@RDM, if you don't protect your nation then there won't be a nation. Safety come first. If we survive only then we will be able to defend ourselves. You want Pakistan to give up nuclear weapons and not maintain the program and become a sitting duck for enemies?
Massive investment or massive free aid?
Begging over and over , again and again. Is this how you will earn respect?
10 million $ from France!
Asking for 16.3 Billion at a time when rich countries are expecting recession in their own countries.
Good Luck !
Asked for 16 billion get 10 million
Planned - 16B ; Actual - ??
Waiting for final info
So that he can steal all the money.
This could have been done online. Why waste money on travel and stay?
Ask army to sell some of its business and land and provide for the funding.
Go to China instead of begging in Geneva.
PM Sahib, I hope your vacation in Switzerland is going well. How is the weather over there?
‘Race against time’: PM Shehbaz seek $16 billion for puchasing of propoerties in UK.
Joke of the century
Once again Pakistani PM is the one with the biggest delegation of 12 visiting the most expensive city of the world.