US pronounces USD 100 million of restoration, reconstruction funding for Pakistan

WASHINGTON: The US has introduced a further USD 100 million to Pakistan for its restoration and reconstruction efforts after the devastating floods final yr that killed 1,739 and affected 33 million folks.The funding additionally consists of humanitarian help to help flood aid and restoration efforts in refugee internet hosting areas, State Division Spokesperson Ned Worth instructed reporters at a information convention right here on Monday.”I’m happy to share that in the present day the US introduced a further USD 100 million of restoration and reconstruction funding, bringing our whole contribution to over USD200 million,” he stated.The brand new USD 100 million in funding will likely be for flood safety and governance, illness surveillance, financial progress, and clear power, local weather sensible agriculture, meals safety, and infrastructure reconstruction, Worth stated.The US’ flood-related help enhances its broader efforts to kind a US-Pakistan inexperienced alliance that appears on the vary of local weather and resilience points central to Pakistan’s reconstruction, the spokesperson stated.”Pakistan’s restoration and reconstruction will likely be a seamless course of within the months and years forward and we’ll proceed to help Pakistan in its efforts to construct a extra local weather resilient future for its folks,” Worth stated.Additionally on Monday, Pakistan Prime Minister Shehbaz Sharif, whereas addressing the opening session of the ‘Worldwide Convention on Local weather Resilient Pakistan’ in Geneva, stated the nation would wish a minimal of USD 16.3 billion, half of which is anticipated to be met by international assist, over the subsequent three years to bridge funding wants.