According to PM Shehbaz, China has increased its total aid from 400 million RMB to 644 million RMB.
China was one of the first nations to declare the deployment of urgent humanitarian aid to Pakistan. The floods have prompted concerns about Pakistan’s ability to make timely debt payments.
Prime Minister Shehbaz Sharif hailed Pakistan’s Chinese allies for stepping up their assistance to the nation in the wake of the most recent disastrous floods.
“Our Chinese allies continue to assist Pakistan’s flood victims. According to PM Shehbaz’s tweet, the total amount of help has grown from 400 million RMB to 644 million RMB.
The premier expressed Pakistan’s “deep gratitude” to the People’s Liberation Army, sister provinces, Chinese Communist Party, Chinese government, and Red Cross Society for their help.
The tweet was sent out a few hours after reliable sources told The News that PM Shehbaz would likely travel to China in the first week of November.
The News was informed on Saturday by sources that “last-minute arrangements are being worked on, but the visit is very much on.”
China was one of the first nations to announce that it will provide Pakistan with essential humanitarian aid, including tents and other critical supplies.
Large areas of Pakistan have been devastated by severe floods, which have killed more than 1,600 people and damaged the nation’s infrastructure to the tune of around $30 billion in losses.
Beyond the lives lost, the floods have wrecked more than two million homes and killed over a million animals, which is a significant source of revenue for rural populations.
Non-governmental organisations are working in flood-affected areas, and international aid is also pouring in gradually, but it has not yet been able to mitigate the damage caused by the calamity.
With Pakistan’s currency depreciating against the dollar and its foreign exchange reserves dwindling over time, the floods have also prompted concerns about Pakistan’s ability to make interest-free loan payments on schedule.
Since the disaster was climate-induced and Pakistan has one of the lowest carbon emissions in the world, PM Shehbaz and Foreign Minister Bilawal Bhutto-Zardari have pushed for climate justice to make up for the damage.