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China to provide $100 million additional aid to flood-ravaged Pakistan

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BEIJING, Jan. 11 (INP): China will provide an additional $100 million to continue supporting Pakistan’s recovery efforts from the devastating 2022 floods, announced Luo Zhaohui, chairman of the China International Development Cooperation Agency (CIDCA), while attending the International Conference on Climate-Resilient Pakistan held in Geneva.

Also, regarding the technical assistance, from 2023 to 2025, China plans to train 1,000 technical staff and officials focusing on disaster prevention and management, Luo added.

According to a report published by Gwadar Pro, this funding reinforces China’s commitment to the Pakistani people and will help address the climate crisis.

When coupled with the nearly $200 million in flood relief provided before from the Chinese government, this brings the total China commitment to date to nearly $300 million.

“We have also carried out projects including smart hydrology, rehabilitation housing and mobile medical vehicles. We will continue to provide real-time weather and disaster early-warning service; We have provided a post-disaster assessment report after Chinese experts’ visit to the disaster sites in Pakistan.

We will be happy to share the experience in reconstruction and engage with Pakistani officials in this regard; We are also considering setting up the South-Asia Disaster Relief Supplies Reserve,” he pinpointed.

Officials from some 40 countries as well as private donors and international financial institutions are gathering for a meeting in Geneva on January 9 as Islamabad seeks help covering around half of a total recovery bill of $16.3 billion.

Pakistan said that donors had committed to giving more than $8 billion to help it recover from last year’s devastating floods in what is seen as a major test for those who pay for climate disasters.

Information Minister Marriyum Aurangzeb sent a tweet saying that pledges had reached $8.57 billion – more than the $8bn it had initially sought. The Pakistani government will provide $8bn from its own funds towards the “resilient Pakistan” programme.

Responding to this, Prime Minister noted in his Twitter account that the world has witnessed how nations can come together in a show of solidarity to create a model of a “win-win partnership” to lift suffering humanity out of tragedy. “I was deeply moved by the compassion on display at Geneva Conference. Together we will rebuild lives and hopes,” he added.

Water is still receding from the floods caused by monsoon rains and melting glaciers which killed at least 1,700 people and displaced around 8 million in Pakistan.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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