Over $9 bln pledges show world’s trust in Pakistan’s ruling coalition: PM


Prime Minister Shehbaz Sharif on Tuesday said over $9 billion in pledges made by the countries and development partners showed their confidence in Pakistan’s coalition government.

“As a Team Pakistan, this success is an achievement for the coalition government and the nation,” the prime minister said in a statement as he co-hosted a day-long conference on the reconstruction and rehabilitation in the wake of the country’s summer floods in Geneva yesterday.

Shehbaz Sharif lauded the contribution of all concerned ministries and departments in making Geneva’s Resilient Pakistan conference a success.

He acknowledged the role played by Foreign Minister Bilawal Bhutto Zardari, Finance Minister Ishaq Dar, Planning Minister Ahsan Iqbal, Climate Change Minister Sherry Rehman, State Minister for Foreign Affairs Hina Rabbani Khar, Sardar Ayaz Sadiq and Information Minister Marriyum Aurangzeb.

He assured that as a trust, the financial assistance would be provided to the deserving through a third-party audit.

Shehbaz Sharif mentioned the special financial support extended by Saudi Crown Prince Mohammad Bin Salman besides the pledges of the conference.

He also highlighted the support of the leadership of China, Turkiye, the United Arab Emirates, Qatar, the European Union, the United States, Germany, Japan, France, and other countries to help Pakistan overcome the post-flood challenges.

He lauded the support of the Islamic Development Bank, World Bank, Asian Development Bank, United States Agency for International Development, Department for International Development, and other aid agencies.

The prime minister earlier in a tweet said the climate crisis had severely threatened nations’ capacity to achieve Sustainable Development Goals as a return to business-as-usual was out of the question.

“World needs to employ vision and solidarity to transition to a sustainable future of hope. The darkness of disasters should be replaced by the light of opportunity,” he said.

He mentioned that in his address at Resilient Pakistan Conference, he outlined the recovery, rehabilitation, and reconstruction needs of the country over medium to long terms.

“I explained how flood ravages have caused learning, health, and infrastructure losses. I alerted the world to spectre of food insecurity,” he said.