US contributes $242m for flood relief

Published March 22, 2023
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
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

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

Opinion

Editorial

Judicial infighting
03 Oct, 2024

Judicial infighting

As other state institutions grow more assertive, continued failure to present a united front will increasingly endanger SC's authority.
Iranian salvo
Updated 03 Oct, 2024

Iranian salvo

With the US and UK egging on Israel, instead of reining in their rabid ally, it is difficult to foresee a negotiated denouement of this conflict.
Chance to play well
03 Oct, 2024

Chance to play well

THE announcement came without warning very late on Tuesday night. Merely six months since his reappointment and 11...
Constitutional courts
Updated 02 Oct, 2024

Constitutional courts

How can the govt expect any court established by it to be seen as fair and impartial?
Lebanon invasion
Updated 02 Oct, 2024

Lebanon invasion

Hezbollah is at heart a guerrilla movement, and though it may be severely degraded, its cadres on the ground are not likely to be deterred.
Painful loop
02 Oct, 2024

Painful loop

PAKISTAN’S polio situation has drastically deteriorated with the country now reporting 24 cases this year — four...