The neighboring country Pakistan is continuously sinking into the pit of misery. Pakistan passing through its worst phase is facing all-round challenges. The situation in the country of Pakistan, trapped in the web of inflation, poverty and debt, is astonishing.
Alam is that Pakistani Prime Minister Shahbaz Sharif is pleading for help. In the hope of this help, he has also reached the United Arab Emirates (UAE) on a two-day tour and in such a situation many countries and organizations have come forward to help him.
one billion dollars from saudi arabia
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Saudi Arabia’s Crown Prince Mohammed bin Salman had announced financial assistance of one billion dollars to help Pakistan. Saudi Arabia has also given a loan of three billion dollars to Pakistan for one year at the rate of four percent last month.
Additional $ 100 million aid from China to flood-ravaged Pakistan
China has promised an additional $ 100 million to help Pakistan, which is facing catastrophic floods in 2022.
Our great friend China🇨🇳 has always stood by Pakistan through thick & thin. We are highly grateful to Chinese leadership for a pledge of $1 billion by Asian Infrastructure Investment Bank & $100 million separately @ Resilient Pakistan🇵🇰. This support is crucial for reconstruction
— Shehbaz Sharif (@CMShehbaz) January 11, 2023
The friendship between China and Pakistan is not hidden from anyone. Shahbaz Sharif tweeted that our great friend China has stood by Pakistan in good and bad times. We are grateful to the Chinese government for the assistance of one billion dollars from the Asian Infrastructure Investment Bank. This help is important in getting us back on our feet.
America is giving 100 million dollars help
America has committed to provide an amount of $ 100 million to help Pakistan. Sharif tweeted that we accept America’s help of $ 100 million to recover from the flood and rebuild ourselves.
Additional help of 9 million pounds from Britain
We are grateful to the United Kingdom 🇬🇧 for a pledge of an additional 9 million pounds at Resilient Pakistan Conf. The aid will help in providing technical support for disaster & climate planning as well as for restoration of healthcare & educational services in flood-hit areas.
— Shehbaz Sharif (@CMShehbaz) January 11, 2023
Britain is also helping Pakistan with an additional 9 million pounds as promised.
8.8 million euros help from Germany
We gratefully acknowledge the aid commitment of € 88 million by Germany 🇩🇪 during Resilient Pakistan 🇵🇰 Conference to help Pakistan’s flood recovery efforts. With the global solidarity and partnership, we are resolved to build back better with resilience.
— Shehbaz Sharif (@CMShehbaz) January 11, 2023
Pakistan has received 88 million Euros in aid from Germany. This help is to be spent in the direction of recovering Pakistan from the flood.
$77 million from Japan
Asian country Japan is also helping Pakistan. Japan is helping $ 88 million for rehabilitation plans in flood-affected areas of Pakistan.
We acknowledge with a sense of gratitude Japan’s 🇯🇵 pledge of $ 88 million for recovery, reconstruction and rehabilitation of the flood affected areas of Pakistan. The task is no doubt challenging but with the support of friends & partners, we will accomplish it for our people.
— Shehbaz Sharif (@CMShehbaz) January 12, 2023
Shahbaz Sharif tweeted that with the help of friends and partners, we will be able to help our people.
two billion dollars from UAE
We express our profound gratitude to H.H. President Sheikh @MohamedBinZayed for his decision to roll over $2 billion & provide additional $1 billion. This support will help us tide over economic difficulties. We are deeply touched by kind gesture of our Emirati brothers & sisters
— Shehbaz Sharif (@CMShehbaz) January 12, 2023
UAE has already agreed to give a loan of two billion dollars to Pakistan. Along with this, he will also give an additional loan of one billion dollars.
Islamic Development Bank came forward. To get Pakistan out of the debt gap, the bank is going to give a huge amount of $ 4.2 billion to Pakistan. Keeping in mind the request of Pakistan for help, the World Bank has also come forward to help. Martin Razor, Regional Vice President of the Bank’s South Asia region, has also announced the help of two billion dollars.