US contributes $242m for flood relief

Published March 22, 2023
<p>View of stagnant water after low-level flood at Indus River while flood water entered riverside settlements, showing negligence of concerned authorities, in Sukkur on Monday, August 22, 2022. — PPI</p>

View of stagnant water after low-level flood at Indus River while flood water entered riverside settlements, showing negligence of concerned authorities, in Sukkur on Monday, August 22, 2022. — PPI

ISLAMABAD: Pakistan has received $242 million from the United States to support flood relief, recovery efforts, disaster resilience and food security and the US-Pakistani diaspora contributed about $42m to the total.

On Tuesday, US Ambassador to Pakistan Donald Blome highlighted the valuable contributions of the diaspora and the private sector at a US Agency for International Development (USAID) conference aimed at building back better for flood-affected communities in Pakistan.

Mr Blome emphasised the longstanding US-Pakistan partnership to advance Pakistan’s economic growth and social and humanitarian causes. He highlighted the need for strengthening climate resilience through the US-Pakistan “Green Alliance” framework.

He expressed the US commitment to helping the US-Pakistani diaspora and Pakistan-based private companies find opportunities to strengthen climate resilience, pursue energy transformation, and foster economic growth and development outcomes.

The ambassador said the US government has pledged over $200m to date to support flood relief and recovery efforts, disaster resilience, and food security.

USAID signed three MoUs with a Pakistan-based US company and US-Pakistani diaspora entities, mobilising $78m.

The conference continued the momentum built at the December 20, 2022, and January 25 conferences in Islamabad where USAID signed a combined six memorandum of understanding mobilising $75m.

The discussions held in those conferences led to mobilising additional contributions and investments to help populations and areas affected by floods.

More than 200 participants attended the conference, including members of the US-Pakistani diaspora, prominent local business leaders, US business representatives, and Pakistani officials. The United States remains firmly committed to engaging and partnering with the US-Pakistani diaspora and the private sector to address Pakistan’s challenges in the technology, humanitarian, social, and commercial sectors, and to further Pakistan’s development goals.

Published in Dawn, March 22nd, 2023

Now you can follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Environment Day
05 Jun, 2023

Environment Day

OUR world is not reusable nor can it be made perishable. As the plastic tide spins out of control, World Environment...
Spending for votes
05 Jun, 2023

Spending for votes

THE cash-strapped government’s plans to boost its annual development spending by as much as 31pc in the next...
On schadenfreude
Updated 05 Jun, 2023

On schadenfreude

Was it a ‘crime’ that he spoke out against the abuses being suffered by PTI workers at the hands of the state?
Surveillance state
Updated 04 Jun, 2023

Surveillance state

IN the midst of the madness, finally some sanity. Questions critical to the right to privacy of citizens bombarded ...
Transport crisis
04 Jun, 2023

Transport crisis

LIKE many other public-sector projects, governments past and present have promised numerous times to ‘revive’ ...
The Buzdar mystery
04 Jun, 2023

The Buzdar mystery

THE departure of former Punjab Chief Minister Usman Buzdar from politics is not really surprising as the PTI is...