Pakistan wants $30 billion to cowl wants of flood victims, says PM Shehbaz Sharif

Pakistan Prime Minister Shehbaz Sharif mentioned Pakistan wants about USD 30 billion to cowl the quick and long-term wants of the victims of final yr’s floods.

Islamabad,UPDATED: Jan 7, 2023 23:37 IST

Pakistan Prime Minister Shehbaz Sharif (File picture)

By Press Trust of India: Pakistan wants about USD 30 billion to cowl the quick and long-term wants of the victims of final yr’s floods that claimed about 1,700 lives, Prime Minister Shehbaz Sharif has mentioned, as he sought the worldwide’s neighborhood’s assist forward of a key donors convention.

More than 33 million have been affected as a consequence of huge floods hitting the nation final summer season, leaving many on the mercy of worldwide donors.

Sharif’s feedback got here as he sought the assist of the worldwide neighborhood forward of a global convention being collectively hosted by Pakistan and the UN in Geneva on Monday.

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Sharif in an article in The Guardian, a British each day newspaper, wrote {that a} complete roadmap for post-flood reconstruction and rehabilitation, to be offered on the convention, has been developed with the help of the World Bank, the UN, the Asian Development Bank and the European Union.

He mentioned the roadmap basically envisages a two-pronged response to cope with the ravages of the flood.

The first half pertains to assembly the instant challenges of restoration and reconstruction, requiring minimal funding of USD 16.3 billion over a interval of three years.

He mentioned Pakistan would meet half the funding from its personal sources however “will count on the continued assistance of our bilateral and multilateral partners to bridge the gap”.

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The second half outlines Pakistan’s long-term imaginative and prescient for constructing local weather resilience that might require an funding of USD 13.5 billion over a 10-year interval, he argued.

Shehbaz urged world leaders, representatives of worldwide improvement and humanitarian organisations and buddies of Pakistan to sign assist and solidarity with a rustic that’s grappling with a pure catastrophe that isn’t of its making.

The Prime Minister additionally expressed confidence that the Geneva convention marks solely the start of a protracted and arduous journey, however a substantive consequence will reassure hundreds of thousands of imperiled those who the worldwide neighborhood will assist them rebuild their lives.

The convention goals to garner assist from the worldwide neighborhood for the flood-affected individuals and Pakistan has lobbied extensively to get most assist from the worldwide neighborhood because it struggles to offer assist to the affected individuals.

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Published On:

Jan 7, 2023