15/01/2023
World Bank and Islamic Development Bank (IsDB) pledged over $6 billion to Pakistan to aid its climate rebuilding effort in response to the country's $8 billion flood appeal.
The IsDB has pledged $4.2 billion over the next three years to Pakistan and World Bank $2 billion, while the United States, China and other nations have also announced support.
Pakistan is in dire want of $8 billion from world donors during the next three years to shore up the country's economy that was mostly laid to waste by extreme floods from June to October 2022, PM Shehbaz said in Geneva.