Pakistan clinches over $10bn flood aid pledges at Geneva donors' conference

[Darth Vader]

Who wants to BET - Nothing is coming and the remaining pennies will go into PDM & Generals pockets

 

[Foinikas]

At least the generals will be able to put their children to college now :'(

 

[Menace2Society]

These politicans looks forward to natural disasters because they can blackmail the world for money and their network eats into it once it arrives like a pack of hyenas.

 

[Clutch]

 

[truthseeker2010]

They already given $3 billion for next three years at that time, now that amount will be raised till $5 billion plus $10 billion as investment

MBS directs to study augmenting Saudi Arabia’s investments in Pakistan to reach $10bn: SPA

Saudi Development Fund (SDF) also directed to study increasing amount of the deposit in favour of the SBP to hit $5bn ceiling

www.brecorder.com

The 3 billion were already in forex reserved given during IK era.
For another 2 to make it 5 they "plan to study". And the 10 billion are just pledges just like politicians do before election. It is not like financial closure as many are taking it. And lastly they won't be investment but debt. Which means not just additional burden but conditions that need to be met before moving forward.

Who wants to BET - Nothing is coming and the remaining pennies will go into PDM & Generals pockets

Same here. Even IMF is now giving red flags.

These politicans looks forward to natural disasters because they can blackmail the world for money and their network eats into it once it arrives like a pack of hyenas.

They make disasters, they don't wait. And not just politicians, every decision maker.

 

[N.Siddiqui]

So the PDM and its handler Mafia prefers Aid over Trade, begging over investment, bootlicking and Ghulami over sovereignty and freedom, Hawala and Hundi over banking channel remittances, and relying on others over their own people.

And imported imposed regime without the people mandate over the elected government.

 

[Dalit]

How much was pledged last time?

 

[N.Siddiqui]

These politicans looks forward to natural disasters because they can blackmail the world for money and their network eats into it once it arrives like a pack of hyenas.

One of the news Vlogger reported that Estab. contacted Imran Khan through Pervez Khattak and asked IK that he should use his international stature in the west and the world to ask for donations and aid as he is a trusted and renowned figure, in the current situation.

So this Aid syndrome is well entrenched in the Mil Estab. actually. These Honchos prefers real Estate dev. over Industrial development, the Military prefers Aid and doleouts like CSD(coalition support fund) over taking the country out of the financial crisis through inclusive development model.

 

[ghazi52]

.,.,

PTI blasts Shehbaz for ‘massive’ spending on Geneva visit​

Dawn
January 10, 2023

ISLAMABAD: The Pakistan Tehreek-i-Insaf (PTI) on Monday fired a broadside at Prime Minister Shehbaz Sharif and his cabinet members for allegedly spending a huge amount on their “flopped” trip to Geneva to attend the donor conference since the moot was held via video link, as no important leader had turned up at the event.

The party’s senior vice president Fawad Chaudhry said France, the host, gave $10 million, but not a single important leader participated in the conference.

He questioned that if the entire conference was to be held through video link, why was there a need to travel to Geneva, according to a statement issued by the party’s central media department.

“The money did not come, but several lakhs of dollars were spent on the visits of the prime minister and his cabinet [members],” he lamented.

Another senior PTI leader, Shireen Mazari, also criticised the government. In a tweet, the former minister said: “Pathetic attendance and it is in one of the small mtg [meeting] rooms of the UN in Geneva because this is where side mtgs are normally held not main sessions of major conferences”.

 

[ghazi52]

.,.,

https://twitter.com/x/status/1613129269172895753

 

[DrasticMeasure]

75 years of independence and this is what it has come down to. Pakistan is yet again begging for mercy from western banks. It is absoultely pathetic. Pakistan is the only country I have seen that doesnt learn from its own mistakes or anyones else's mistakes.

Your founding fathers must be so proud today.

 

[Dalit]

75 years of independence and this is what it has come down to. Pakistan is yet again begging for mercy from western banks. It is absoultely pathetic. Pakistan is the only country I have seen that doesnt learn from its own mistakes or anyones else's mistakes.

Your founding fathers must be so proud today.

Weren't you lecturing us earlier to give PDM a chance? What happened?

 

[Jango]

Read somewhere that $8 billion were pledged after 2010 floods but only $1.7 billion actually reached, and that too wasn't in cash but equivalent material support.

 

[Dalit]

Read somewhere that $8 billion were pledged after 2010 floods but only $1.7 billion actually reached, and that too wasn't in cash but equivalent material support.

The same will happen this time. Only a fraction of the money will be actually deposited. The world economies are themselves in trouble.