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Monday, April 15, 2024

France pledges $10M in aid for Pakistan’s flood recovery

French President Emmanuel Macron vowed to bring in a contribution of $10 million for aid support to Pakistan.

In a major development, France has pledged $10 million in financial aid for Pakistan’s flood recovery as the country witnessed huge damages as a result of the disastrous floods last year.

According to the details, French President Emmanuel Macron vowed to bring in a contribution of $10 million for aid support to Pakistan. President Emmanuel Macron made the announcement as he attended the Geneva moot via video link today.

He said that Paris was ready to support Pakistan in its talks with financial institutions, as the country faces huge losses from recent floods. France will continue to provide expertise and some financial support to the country, he said.

Currently, Pakistan and the United Nations are holding the ‘International Conference on Climate Resilient Pakistan’ in Geneva. Heads of state and government and other stakeholders are attending the day-long moot which aims to marshal international support to rehabilitate the population affected by super floods and reconstruct damaged infrastructure in a climate-resilient manner.

Read more: Flood affectees in need of support look towards government, private sector for help

PM Shehbaz is accompanied by Foreign Minister (FM) Bilawal Bhutto Zardari, Finance Minister Ishaq Dar, Climate Change Minister Sherry Rehman, and Information Minister Marryium Aurangzeb.

Prime Minister Shehbaz Sharif and United Nations Secretary-General Antonio Guterres on Monday sought “massive investments” for Pakistan’s flood recovery which was expected to cost more than $16 billion.

UN Secretary-General Antonio Guterres said that in his visit to Pakistan, he saw with his own eyes the impact of the torrential rains in flood-hit areas and in particular praised the nation for its resilience.

The massive torrential rain floods in 2022 caused widespread devastation as the country’s almost one-third of areas, mainly in Sindh and Balochistan, got submerged, fully grown crops washed away, and road infrastructure wiped out at a large scale leaving the flood-impacted regions completely inaccessible for days. The floods have impacted some 33 million masses looking for assistance.

Read more: Pakistan seeks billions for flood recovery, climate resilience