Pakistan received only $88 million instead of UN $111 million appeal

Image

ISLAMABAD: Pakistan has received only $88 million support in cash and kind despite securing commitments of $111 million, in response to the UN-Pakistan joint flash appeal of $816 million.

Top official sources confirmed that the government is going to launch a detailed report of Post Disaster and Need Assessments (PDNA) amounting to $32 billion with expectations that the international donors would make generous contributions in donors conference likely to be organised by French President for Pakistan’s flood-victims.

So far, the response of international community is discouraging. The UN Secretary General’s $816 million flash appeal for rescue and relief operations generated over $200 million verbal pledges. However, the committed assistance was shrunk to $111 million. Of them, only $88 million were disbursed in shape of kinds and cash, said the sources.

Without naming the country, one top official said, one country announced $2 million assistance but it provided goods worth only $0.4 million. Upon inquiring, the country said the remaining $1.6 million were spent on logistics.

Even, the major chunk of $88 million assistance consisted of goods, with little amount of cash, said the sources. However, the cash assistance could be traced through banking channels as it would help to ascertain official inflows received by Pakistan.

In the wake of flash appeals, Pakistan’s ranking in Fragile State Index moved to 30th position from 29th position in 2021. In 2018, Pakistan’s ranking stood at 20th position.

On the other hand, Pakistan received $1.1 billion pledges from multilateral and bilateral creditors mostly from the World Bank and the Asian Development Bank. Of them, almost $850 million were re-purpose of the existing portfolios rendering only $350 million fresh assistance for flood-ravaged areas in Pakistan.

You May Also Like

Image

Maryam Nawaz to be elected today as CM Punjab

LAHORE: Punjab assemblies will elect chief ministers today (Monday). Punjab is most likely to elect the first ever female chief minister in Pakistan’s history

Image

Amin Gandapur to contest KP CM slot as independent

PESHAWAR: Khyber Pakhtunkhwa Chief Minister-designate Ali Amin Gandapur from Pakistan Tehreek-e-Insaf (PTI) has decided to vie for the provincial

Image

Political leaders demanding forms 45 from ECP

ISLAMABAD: With the clock ticking, the Election Commission of Pakistan (ECP) is under mounting scrutiny to fulfil its obligation of posting key post-election