Pakistan on Monday received total pledges of $8.57 billion at the International Conference on Climate Resilient Pakistan in Geneva.
This is as the country scrambles to mobilise funds to rehabilitate the devastated 33 million population and repair damages worth billions.
Information Minister Marriyum Aurangzeb, who announced this in a tweet, noted that the pledges secured are well above the $8 billion aid targeted by the country.
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The pledges followed Prime Minister Shehbaz Sharif’s announcement of an $8 billion flood aid appeal at the Geneva meeting, which was intended to assist the nation in recovering from the devastation brought on by the catastrophic floods.
With a $350 billion economy, Pakistan is in financial trouble as a result of the devastating floods that left at least 1,700 people dead and more than $16 billion in damages, half of which Islamabad is paying for out of its own resources.
Story was adapted from Geo News.
