Prime Minister Shehbaz Sharif on Wednesday said that the world showed trust in Pakistan and announced Aid worth $9.7 billion, to help rehabilitate flood victims and infrastructure.
While Addressing the media after the Climate Resilient Pakistan conference in Geneva, the premier said the government would continue to help the people affected by devastating floods till their complete rehabilitation.
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The Prime Minister Congratulated his federal Ministers for their hard work and said announced that “At the Climate Resilient Pakistan conference, pledges (Aid) worth $9.7 billion were announced for the Pakistan flood victims”
“Islamic Development Bank promised $4.2 billion, World Bank $2 billion, Saudi Arab $1 billion, Asian Infrastructure Development Bank $1 billion, Asian Development Bank $500 million, USAID $100 million, China $100 million, Italy €23 million, Japan $77 million, Qatar $25 million, UK £36 million, and France $10 million,” the prime minister said.
The premier crediting his team for the success said that the world showed their trust in Pakistan despite the worst propaganda against the government.
Premier said, “The ball is now in our court. We now have to transparently spend every single penny on the people’s prosperity.”
He said the presence of the representatives of all the provinces at the conference sent the message to the world that “we are united”.
“The global community showed confidence in the coalition government of Pakistan.”
He thanked international donors and Countries for once again extending a helping hand to Pakistan and also lauded the efforts of Foreign Minister, Bilawal Bhutto Zardari, Finance Minister, Ishaq Dar, Hina Rabbani Khar, Shery Rehman, and others.
The premier also ensures transparency in the spending of the funds collected for the flood victims in the Geneva Meeting. He also once again thanked the UN Secretary-General for pleading the case of Pakistan at the Geneva conference.
Finance Minister Ishaq Dar while addressing the Media with PM Shehbaz Sharif said the time frame of three years has been set for the reconstruction phase.
He said both the federal and provincial governments from their development budgets will also contribute funds for this purpose. As regards the economic situation of the country, Ishaq Dar said that a detailed meeting has been held with the International Monetary Fund.
He also ensures that Pakistan faces no threat of default and there is nothing to worry about. “All the external debt liabilities will be made on time.
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