International community can’t entirely fund Pak flood recovery efforts: Holbrooke
September 21st, 2010 - 6:13 pm ICT by ANI
Islamabad, Sept 21 (ANI): US Special Envoy for Pakistan and Afghanistan Richard Holbrooke has reiterated that the international community cannot fund the entire cost of recovery from the devastation caused by floods, and that the Pakistan government must do more in this regard.
“The international community will not be able to pick up the full cost of reconstruction,” the Daily Times quoted Holbrooke, as saying, a day after donors from the international community raised aid pledges to almost two billion dollars.
Noting that the eventual cost of the recovery efforts could run into the “tens of billions of dollars”, Holbrooke said, “There will be a need for continued international assistance, but what we need to stress is that at a time of scarcity in other countries, a reconstruction effort cannot be financed completely by other countries.”
He called on the Pakistani government to redouble its efforts towards extending its help to the flood-victims.
Earlier, Holbrooke had warned Pakistan that the international community would be able to contribute only around 25 per cent of aid needed and the rest would have to be raised by the government.
According to an UN estimate, 21 million people have been affected by the disaster, out of which twelve million people are in need of emergency food aid. (ANI)
- Pak can get only 25 per cent flood aid it needs from world, warns Holbrooke - Sep 17, 2010
- Pak shelves flood-hit areas reconstruction due to funds shortage over transparency issues - Jan 25, 2011
- World Bank raises aid for flood-hit Pak to one billion dollars - Sep 02, 2010
- Donors urge Pak to implement "painful" reforms for additional resource mobilisation - Nov 16, 2010
- Post-flood reconstruction, rehabilitation in Pak to cost 6.7 billion dollars - Nov 15, 2010
- Flood-hit Pak asks IMF to restructure 11-bln dollar loan - Aug 24, 2010
- World Bank links Pak flood aid to responsible and transparent end use - Sep 20, 2010
- World Bank increases Pakistan flood support to $1 bn - Sep 02, 2010
- Zardari dismisses concerns of international flood aid misuse - Sep 13, 2010
- World Bank stresses transparency, accountability in Pak flood aid utilisation - Sep 10, 2010
- Australia doubles Pak flood aid to 75 million dollars - Sep 17, 2010
- US to send additional 18 helicopters for Pak flood relief - Aug 29, 2010
- Millions of Pakistanis still in need of post-flood assistance: UN - Jan 01, 2011
- US vows to continue supporting Pak amid devastating floods - Aug 29, 2010
- 'Foreign aid for flood-hit Pakistan inadequate' - Sep 27, 2011
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