January 10, 2023
2 mins read

US announces $100 mn for Pakistan’s flood recovery

Ned Price stressed that the US government has worked “closely” with Pakistan to provide financial assistance for flood response, food security, disaster preparedness, and capacity-building efforts….reports Asian Lite News

The government has announced an additional $100 million for Pakistan to continue supporting its recovery efforts after the devastating floods last year, taking the total contribution to $200 million, US Department of State Spokesperson Ned Price said.

Addressing a press briefing on Monday (local time), Ned Price said that new financial assistance will be used for flood protection and governance disease. He said that the funding includes surveillance, economic growth, clean energy, climate-smart agriculture, food security, and infrastructure reconstruction. In addition, the funding includes humanitarian assistance to support flood relief and recovery efforts in refugee-hosting areas. “I’m pleased to share that today the United States announced an additional $100 million of recovery and reconstruction funding, bringing our total contribution to over $200 million,” Ned Price said.

Ned Price stressed that the US government has worked “closely” with Pakistan to provide financial assistance for flood response, food security, disaster preparedness, and capacity-building efforts.

He emphasised that Pakistan’s recovery and reconstruction will be a continuing process and the United States will continue to support Islamabad in its efforts to build a more “climate-resilient future.”

“The new USD 100 million in funding will be used for flood protection and governance disease. Surveillance, economic growth and clean energy, climate-smart agriculture, food security, and infrastructure reconstruction,” Ned Price said.

“The funding also includes humanitarian assistance to support flood relief and recovery efforts in refugee hosting areas, or flood-related assistance complements our broader efforts to form a US Pakistan green alliance that looks at the range of climate and resilience issues central to Pakistan’s reconstruction,” he added.

On January 9, Pakistan received more than USD 9 billion to help it recover from devastating floods at the International Conference on Climate Resilient Pakistan, Dawn reported.

The international conference on Climate Resilient Pakistan was co-hosted by the United Nations and the Pakistani government in Geneva. During the conference, Pakistan Prime Minister Shehbaz Sharif urged the international community to support Pakistan in rebuilding after devastating floods last year, Dawn reported.

Meanwhile, United Nations Secretary-General Antonio Guterres sought massive support for Pakistan to help it recover from damage caused by floods that ravaged the country last year. (ANI)

ALSO READ: Biden, Obrador, Trudeau meet in Mexico City  

Previous Story

Has McCarthy paid a big price for Speaker post?

Next Story

WhatsApp’s Pegasus lawsuit gets go ahead from Supreme Court

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power
Go toTop

Don't Miss

‘India, US collaboration has extended to new initiative’

On Space collaboration, the EAM said India signed the Artemis

Biden’s Putin obsession batters global growth

An early conclusion to the Ukraine war may seem unjust.