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Saudi Arabia pledges $1 bn for Pakistan at Geneva moot: Marriyum

Saudi Arabia

Saudi Arabia pledges $1 bn for Pakistan at Geneva moot: Marriyum

  • She shared development on her Twitter handle
  • The pledge was made at the International Conference
  • AIIB had pledged $1 billion at Geneva

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Monday said the brotherly country of Kingdom of Saudi Arabia (KSA) had pledged $1 billion to assist Pakistan in carrying out the daunting task of rehabilitation and resilient recovery from the flood.

She shared the development on her Twitter handle. The pledge by Saudi Arabia was made at the International Conference on Climate Resilient Pakistan in Geneva.

The minister, in another tweet, said the development partners were exploring collaborative ways in the second plenary phase of the Geneva Conference to build back better.

The Asian Infrastructure Investment Bank had pledged $1 billion to build back better climate resilient infrastructure and adaptation, she added.

These 2 billion dollars are in addition to the pledge of $8.57 billion made by the world to Pakistan earlier for rehabilitation and reconstruction of flood-hit areas.

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Earlier, in a tweet, Marriyum Aurangzeb said the first plenary of day-long Geneva conference culminated in generous outpouring of international community. “EU pledged $93 million, Germany $88 million, China $100 million, IDB $4.2 Billion, WB $2 billion, Japan $77 million, ADB $1.5 billion #ResilientPakistan.

“USAID $100 million, France $345 million, total $8.57 billion, in line with collaborative vision of coalition of willing,” she tweeted.

The minister said the second plenary session would commence shortly.