Tag Archives: pakistan floods

pakistan floods: World Bank pledges $2 billion in aid to flood-hit Pakistan – Blue Barrows

The World bank has said that it will provide USD 2 billion in aid to Pakistan for reconstruction and rehabilitation that includes food, shelter and other urgent needs of the victims of the recent devastating floods. The announcement was made by the World Bank’s new vice president for the South Asia region, Martin Raiser, on […]

pakistan floods: World in ‘wrong direction’ as climate impacts worsen: UN – Blue Barrows

Humanity is “going in the wrong direction” on climate change due to its addiction to fossil fuels, the UN said Tuesday in an assessment showing that planet-warming emissions are higher than before the pandemic. The UN’s World Meteorological Organization and its Environment Programme warned catastrophes will become commonplace should the world economy fail to decarbonise […]

imf: Pakistan says it has secured financing needed for IMF bailout – WSJ – Blue Barrows

Pakistan has secured financing that the International Monetary Fund required it to first arrange before considering a bailout deal worked out between IMF staff and the country, the Wall Street Journal reported on Sunday. The IMF board will meet later on Monday to take up Pakistan’s programme review to decide whether to approve a tranche […]