Geneva moot: PM says world trusts Pakistan despite rivals’ propaganda

The world trusts Pakistan and has reposed confidence in the country despite the propaganda unleashed by the rivals [PTI], said Prime Minister Shehbaz Sharif on Wednesday as discussed the success of the recently-held donors’ conference held in Geneva.

He said the government would continue helping the people affected by the devastating floods till their complete rehabilitation and noted that the donors had pledged an amount exceeding $9 billion at the conference.

Shehbaz vowed that the government would utilise “every penny” of the pledges made by the international community for the prosperity and rehabilitation of flood-hit people.

Pledges worth $9.7 billion were announced for the flood victims, said the prime minister as he congratulated his cabinet members for their hard work they put in before the critical event.

Addressing media in Islamabad where he was flanked by several key ministers and coalition leaders, Shehbaz said the event was “extremely successful”.

He said the presence of the representatives of all the provinces at the conference sent the message to the world that “we are united” and said, “The global community showed confidence in the coalition government.”

The prime minister hailed Saudi Crown Prince Mohamad Bin Salman for his continuous assistance to Pakistan and generous support. “The perception created by some people that the country is alone was busted as both the superpowers were standing right and left,” he added.

When asked about the conditions of these funds pledges at the conference, the prime minister said IDB’s terms will be soft.

Slamming the provincial governments for failing to handle the flour crisis, the prime minister said wheat stocks were enough to meet the demands of the country but the local authorities couldn’t manage the situation. “We were not sitting idle. This is a provincial matter and they should answer for this.”

About the worsening law and order situation in Khyber Pakhtunkhwa, the prime minister said the National Security Committee (NSC) discussed the issue in detail. “To restore peace in the country is the responsibility of federal and provincial government.”

It’s a foreign policy success

Foreign Minister Bilawal Bhutto, pointing toward Shehbaz, said, “Your foreign policy has been successful” and added that the government achieved two targets with one shot.

The support from the international community proved that Pakistan is not isolated as propagated by the government’s rivals, he remarked in an indirect reference to the PTI.

“The world is ready to invest over $9 billion in Pakistan and the impression about the country’s economy has also been buried through the conference.”

Bilawal said the world is in a crisis due to the Ukraine war. “We still need support on humanitarian grounds. A cold wave is expected in flood-hit areas where people are living under the sky.”

Around 90% pledges are loans

Speaking on the occasion, Finance Minister Ishaq Dar said almost 90 percent of pledges made by the international community were project loans with the prime minister clarifying that the amount will be rolled out over the next three years.

He highlighted that loan financing had already crossed $8 billion, which included commitments from the Asian Development Bank, the Asian Infrastructure Investment Bank, and the World Bank.

“I am not incorporating the pledge made by the Saudi Development Bank on purpose here because it is not clear whether their announcement of $1bn pertains to programme lending or project loan,” Dar said.

Dar also asked naysayers to stop spreading panic over “default” rumours, saying such elements must consider national interest above everything.


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