Devastating Floods in 2022: Pakistan has Received $2.8bn So Far

Wed Jun 05 2024
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ISLAMABAD: Pakistan has so far received $ 2.8 billion out of $ 10.987 billion promises made at the International Conference on Climate Resilient Pakistan held in Geneva, in the backdrop of the devastating floods in 2022. This was disclosed by Pakistan’s Minister for Economic Affairs Ahad Khan Cheema while chairing the 4th meeting of the International Partners Support Group (IPSG). The meeting marked around two years since the devastating floods of 2022, aiming to review the progress of flood recovery and realign efforts for a resilient Pakistan.

According to local media, the ministry noted that addressing the meeting, Ahad Khan Cheema recalled the promises made at the “International Conference on Climate Resilient Pakistan” held in Geneva, with an amount of $ 10.987 billion promised by the international community of which $ 2.8 billion, up to April 2024, has been disbursed.

The Minister admitted the collaborative efforts of the world and Pakistan in post-flood recovery. Cheema expressed profound gratitude for the pledges of international development partners towards building a climate-resilient Pakistan.

The minister also highlighted the significance of energy and infrastructure as essential requisites for all development and reconstruction efforts, with hopes for continued focus from international partners in these critical areas. The Minister emphasized provincial cooperation and reiterated the resolve to transparency in implementing 4RF projects, as promised by the prime minister in the previous IPSG meeting.

During the meeting, the development partners also expressed their appreciation for the convening of the fourth meeting of the IPSG and appreciated the sustained attention given to post-flood reconstruction and rehabilitation endeavors.

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