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.



Ukraine’s Leader Urges EU Leaders to Meet Arms Promises as Security Pact Signed

27 June 2024, Belgium, Brussels: The leaders of the European Union pose for a group photo with Ukrainian President Volodymyr Zelenskyy on the first day of the two-day EU summit in Brussels on the first day of the two-day EU summit in Brussels. (dpa)
27 June 2024, Belgium, Brussels: The leaders of the European Union pose for a group photo with Ukrainian President Volodymyr Zelenskyy on the first day of the two-day EU summit in Brussels on the first day of the two-day EU summit in Brussels. (dpa)
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Ukraine’s Leader Urges EU Leaders to Meet Arms Promises as Security Pact Signed

27 June 2024, Belgium, Brussels: The leaders of the European Union pose for a group photo with Ukrainian President Volodymyr Zelenskyy on the first day of the two-day EU summit in Brussels on the first day of the two-day EU summit in Brussels. (dpa)
27 June 2024, Belgium, Brussels: The leaders of the European Union pose for a group photo with Ukrainian President Volodymyr Zelenskyy on the first day of the two-day EU summit in Brussels on the first day of the two-day EU summit in Brussels. (dpa)

Ukraine’s president called on European Union leaders on Thursday to live up to their promises to provide military equipment to his war-ravaged country, as the bloc pledged to support the government in Kyiv long term.

"Fulfilment of every promise is important, not only in terms of protecting lives but also to destroy the Russian illusion that they will achieve something by war," President Volodymyr Zelenskyy told the leaders at an EU summit in Brussels.

Russian forces are seeking to press their advantage in troop numbers and weaponry before Ukraine’s armed forces are bulked up by promised new Western military aid, some of which is trickling to the front line, analysts say.

Zelenskyy thanked countries that have promised equipment, weapons and ammunition, but underlined that "we need them urgently on the battlefield." He also appealed for more help on "the urgent things -– air defense, that is one."

Zelenskyy and the leaders signed a 12-page document of "joint security commitments" to each other. In essence, it encapsulates what the 27-nation bloc has been doing for the country in terms of financial, military and other assistance since Russian forces invaded in February 2022.

The EU, for its part, commits to the "predictable, efficient, sustainable and long-term provision of military equipment," help with military training and building Ukraine's defense sector, plus increased cooperation on cyber and hybrid threats, like information manipulation and interference.

It also vows to help with mine clearance, security and law enforcement reform, energy security and nuclear safety, as well as assistance with rebuilding Ukraine's shattered infrastructure, hospitals and buildings, and to hold accountable those suspected of war crimes.

Ukraine promised to uphold European values and continue on its reform path in preparation to join the EU, including by ensuring civilian control over its security and defense forces. It also pledged to boost transparency and accountability in the way that it uses EU assistance.

Several countries already have similar bilateral agreements with Ukraine, offering a long-term commitment to help Kyiv, including once its war with Russia is over. Zelenskyy and US President Joe Biden signed one such pact earlier this month which will run for the next decade.

The EU's document was signed in the same week that it launched membership talks with Ukraine, a decade after Russian troops seized the Crimean Peninsula to deter the country from moving closer to the West, part of a chain of events that set the two neighbors on the path to war.

"We waited for this a long period of time," Zelenskyy told reporters, thanking the EU for its approval.

The bloc is notably concerned about rampant corruption in Ukraine and this must be corrected before the country can join. The accession process is likely to take several years.