World Bank Pledges $2 Billion for Flood-ravaged Pakistan

The World Bank. (Asharq Al-Awsat Arabic)
The World Bank. (Asharq Al-Awsat Arabic)
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World Bank Pledges $2 Billion for Flood-ravaged Pakistan

The World Bank. (Asharq Al-Awsat Arabic)
The World Bank. (Asharq Al-Awsat Arabic)

The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,600 people this year, the largest pledge of assistance so far.

Unprecedented monsoon rains and flooding this year — which many experts attribute to climate change — have also injured some 13,000 people across the country since mid-June. The floods have displaced millions and destroyed crops, half a million homes and thousands of kilometers (miles) of roads, The Associated Press said.

The World Bank’s vice president for South Asia, Martin Raiser, announced the pledge in an overnight statement after concluding his first official visit to the country Saturday.

“We are deeply saddened by the loss of lives and livelihoods due to the devastating floods and we are working with the federal and provincial governments to provide immediate relief to those who are most affected,” he said.

Raiser met with federal ministers and the chief minister of southern Sindh province, the most affected region, where he toured the badly hit Dadu district.

Thousands of makeshift medical camps for flood survivors have been set up in the province, where the National Disaster Management Authority said outbreaks of typhoid, malaria and dengue fever have killed at least 300 people.

The death toll prompted the World Health Organization last week to raise the alarm about a “second disaster,” with doctors on the ground racing to battle outbreaks.

“As an immediate response, we are repurposing funds from existing World Bank-financed projects to support urgent needs in health, food, shelter, rehabilitation and cash transfers," Raiser said.

The World Bank agreed last week in a meeting with Prime Minister Shahbaz Sharif on the sidelines of the UN General Assembly to provide $850 million in flood relief for Pakistan. The $2 billion figure includes that amount.

Raiser said the bank is working with provincial authorities to begin as quickly as possible repairing infrastructure and housing and “restore livelihoods, and to help strengthen Pakistan’s resilience to climate-related risks. We are envisaging financing of about $2 billion to that effect."

Over the past two months, Pakistan has sent nearly 10,000 doctors, nurses and other medical staff to tend to survivors in Sindh province.



Biden Announces Surge in Ukraine Military Aid

US President Joe Biden speaks at the 'Supporting Ukrainian Recovery and Reconstruction' meeting on the sidelines of the General Debate of the 79th session of the United Nations General Assembly in New York, New York, USA, 25 September 2024 (issued 26 September 2024).  EPA/LESZEK SZYMANSKI
US President Joe Biden speaks at the 'Supporting Ukrainian Recovery and Reconstruction' meeting on the sidelines of the General Debate of the 79th session of the United Nations General Assembly in New York, New York, USA, 25 September 2024 (issued 26 September 2024). EPA/LESZEK SZYMANSKI
TT

Biden Announces Surge in Ukraine Military Aid

US President Joe Biden speaks at the 'Supporting Ukrainian Recovery and Reconstruction' meeting on the sidelines of the General Debate of the 79th session of the United Nations General Assembly in New York, New York, USA, 25 September 2024 (issued 26 September 2024).  EPA/LESZEK SZYMANSKI
US President Joe Biden speaks at the 'Supporting Ukrainian Recovery and Reconstruction' meeting on the sidelines of the General Debate of the 79th session of the United Nations General Assembly in New York, New York, USA, 25 September 2024 (issued 26 September 2024). EPA/LESZEK SZYMANSKI

US President Joe Biden announced on Thursday a "surge" in assistance to Ukraine, including nearly $8 billion in military aid and new long-range munitions, ahead of a White House meeting with Ukrainian President Volodymyr Zelensky.

"Today, I am announcing a surge in security assistance for Ukraine and a series of additional actions to help Ukraine win this war," Biden said in a statement.

However, the statement did not mention Kyiv's hoped-for permission to launch US-made long-range missiles into Russia -- which Zelensky has been pushing hard for, and which Biden has so far refused.

Russia has strongly warned against such a step, and President Vladimir Putin on Wednesday announced plans to broaden Moscow's rules on the use of its nuclear weaponry, allowing it to unleash a nuclear response in the event of a "massive" air attack.

The Kremlin said the updated doctrine should be seen as a warning to the West.

Kyiv has relied on the United States as its main military backer, and Zelensky said his country would use the new assistance in the "most effective and transparent way possible to achieve our main common goal: a victorious Ukraine, a just and lasting peace, and transatlantic security."

But the white-knuckle US vote on November 5, pitting Biden's Vice President Kamala Harris against firebrand Trump, means that support may now hang in the balance.

Biden will host Zelensky in the Oval Office at 1:45 pm local time (1745 GMT), the White House said.

Biden pledged nearly $8 billion in military aid, including $5.5 billion to be authorized before it expires at the end of the US fiscal year on Monday.

Another $2.4 billion was pledged via the Ukraine Security Assistance Initiative (USAI), meaning it will not immediately arrive on the battlefield, as the munitions need to be procured from the defense industry or partners, rather than drawn from US stockpiles.

Biden also announced Washington would provide Ukraine with the Joint Standoff Weapon (JSOW) long-range munition, "to enhance Ukraine's long-range strike capabilities."

The United States has provided around $175 billion in both military and economic assistance to Ukraine during the war, despite frequent opposition from Republicans.

US President Joe Biden announced on Thursday a "surge" in assistance to Ukraine, including nearly $8 billion in military aid and new long-range munitions, ahead of a White House meeting with Ukrainian President Volodymyr Zelensky.

"Today, I am announcing a surge in security assistance for Ukraine and a series of additional actions to help Ukraine win this war," Biden said in a statement.

However, the statement did not mention Kyiv's hoped-for permission to launch US-made long-range missiles into Russia -- which Zelensky has been pushing hard for, and which Biden has so far refused.

Russia has strongly warned against such a step, and President Vladimir Putin on Wednesday announced plans to broaden Moscow's rules on the use of its nuclear weaponry, allowing it to unleash a nuclear response in the event of a "massive" air attack.

The Kremlin said the updated doctrine should be seen as a warning to the West.

Kyiv has relied on the United States as its main military backer, and Zelensky said his country would use the new assistance in the "most effective and transparent way possible to achieve our main common goal: a victorious Ukraine, a just and lasting peace, and transatlantic security."

But the white-knuckle US vote on November 5, pitting Biden's Vice President Kamala Harris against firebrand Trump, means that support may now hang in the balance.

Biden will host Zelensky in the Oval Office at 1:45 pm local time (1745 GMT), the White House said.

Biden pledged nearly $8 billion in military aid, including $5.5 billion to be authorized before it expires at the end of the US fiscal year on Monday.

Another $2.4 billion was pledged via the Ukraine Security Assistance Initiative (USAI), meaning it will not immediately arrive on the battlefield, as the munitions need to be procured from the defense industry or partners, rather than drawn from US stockpiles.

Biden also announced Washington would provide Ukraine with the Joint Standoff Weapon (JSOW) long-range munition, "to enhance Ukraine's long-range strike capabilities."

The United States has provided around $175 billion in both military and economic assistance to Ukraine during the war, despite frequent opposition from Republicans.

US President Joe Biden announced on Thursday a "surge" in assistance to Ukraine, including nearly $8 billion in military aid and new long-range munitions, ahead of a White House meeting with Ukrainian President Volodymyr Zelensky.

"Today, I am announcing a surge in security assistance for Ukraine and a series of additional actions to help Ukraine win this war," Biden said in a statement.

However, the statement did not mention Kyiv's hoped-for permission to launch US-made long-range missiles into Russia -- which Zelensky has been pushing hard for, and which Biden has so far refused.

Russia has strongly warned against such a step, and President Vladimir Putin on Wednesday announced plans to broaden Moscow's rules on the use of its nuclear weaponry, allowing it to unleash a nuclear response in the event of a "massive" air attack.

The Kremlin said the updated doctrine should be seen as a warning to the West.

Kyiv has relied on the United States as its main military backer, and Zelensky said his country would use the new assistance in the "most effective and transparent way possible to achieve our main common goal: a victorious Ukraine, a just and lasting peace, and transatlantic security."

But the white-knuckle US vote on November 5, pitting Biden's Vice President Kamala Harris against firebrand Trump, means that support may now hang in the balance.

Biden will host Zelensky in the Oval Office at 1:45 pm local time (1745 GMT), the White House said.

Biden pledged nearly $8 billion in military aid, including $5.5 billion to be authorized before it expires at the end of the US fiscal year on Monday.

Another $2.4 billion was pledged via the Ukraine Security Assistance Initiative (USAI), meaning it will not immediately arrive on the battlefield, as the munitions need to be procured from the defense industry or partners, rather than drawn from US stockpiles.

Biden also announced Washington would provide Ukraine with the Joint Standoff Weapon (JSOW) long-range munition, "to enhance Ukraine's long-range strike capabilities."

The United States has provided around $175 billion in both military and economic assistance to Ukraine during the war, despite frequent opposition from Republicans.