AT news the conference in Islamabad, Sharif promised transparency when money is spent and added what government I’ll try not to repeat of last summer flood. AT one dot, one-third of the impoverished country was under water, “doomsday before doomsday” of Earth climate change.
floods destroyed more than 2 million homes and caused more more than 30 billion dollars in damage. Pakistan has previously said it needs $16.3 billion. for reconstruction and that the country will cover almost half of which amount. For the rest, the country was looking for donations.
Sharif said response to Pakistan’s appeal in Geneva exceeded all his expectations. He said that the Saudi government said he would invest $10 billion. in Pakistan, in addition to contributing $2 billion with central banka move which, according to experts, will strengthen the fragile economy.
Sharif said he would also travel to United Arab Emirates on Thursday on two-day official visit.
However, such UN pledging conferences often promise of big amounts from governments international organizations and other donors, but promises are not always kept.
Pakistani authorities speak of thousands of flood the victims are still alive in open areas.
Pakistan plays minor role in global warms and emits less than 1% of heat- capturing carbon dioxide. But like other developing countries, experts say it was vulnerable to climate damage.
This Article Pakistani PM reports global pledges of $9.7B in flood aid was first Published on World Weekly News