Saudi Arabia became the largest financial contributor to the flood

In 2010, the US was the top donor 


newssoye web desk 

An hour ago 



In the international conference held in Geneva for the relief of flood victims, there has been a great response from various countries and international financial institutions


A total of 10 billion 554 million dollars have been announced in the international conference, which will be available to Pakistan in a phased manner in the next few years.


According to the available information, the amount announced by financial institutions at the conference was higher than that of different countries, which can be estimated from the Islamic Development Bank, World Bank and Asian Development Bank, and Asian Infrastructure Investment Bank. A total of 8 billion 700 million dollars of aid was announced, which is 82% of the total announced amount.


According to the research report of Arif Habib Securities, the big difference between the aid received by the international community after the 2010 flood and the announcements made in the recent conference is that 3 billion 22 million dollars of aid were announced in 2010, which financial institutions The share was 355 million dollars.


The rest of the amount was announced by various countries, while the situation at the recent conference was quite the opposite.


The highest financial assistance provided by the United States for the relief of the 2010 flood was 684 million dollars, while after the 2022 flood, the financial support of the United States increased to 200 million dollars. In comparison, Saudi Arabia has announced to give the most in the recent flood, i.e. one billion dollars. In the 2010 flood, Saudi Arabia also contributed 151 million dollars.


China has announced 10 million dollars in the conference, but China has a lot of influence in the Asian Development Bank and the Asian Infrastructure Investment Bank.


The United Kingdom announced $224 million in the 2010 floods, while in the most recent conference, the United Kingdom announced only $10 million, which is less than France's $380 million. In 2010, 19 million dollars was given by the European Union, now 93 million dollars have been announced by the European Union.


According to Arif Habib Securities, the government has estimated the losses at 16.3 billion dollars, in which 50% of the aid was expected from the international community, but on the contrary, 64% of the amount has been announced and the rest of the funds will be met from their resources.

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