The Islamic Development Bank (IsDB) Group on Monday pledged $4.2 billion over the next three years as part of Pakistan’s climate resilience and development objectives.
The development was announced by Minister for Information and Broadcasting Marriyum Aurangzeb in a tweet.
World Bank’s (WB) Regional Vice President for South Asia Martin Raiser also announced $2 billion, in response to Prime Minister Shehbaz Sharif’s call for concrete action.
Earlier, Prime Minister Shehbaz Sharif urged the world to help flood-ravaged Pakistan as the opening session of the International Conference on Climate Resilient Pakistan got underway in Geneva.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
Advocates High Court & Tax Counsel
Jurisdiction: Pakistan