Business Standard

Thursday, February 13, 2025 | 05:13 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Pakistan at UN pleads for help with floods after 'cameras have gone'

Pakistan's unprecedented floods in the summer killed more than 1,700 people, inundated third of the nation and cut the nation's growth by half

Pakistan floods
Premium

Photo: Bloomberg

Faseeh Mangi & Shery Ahn | Bloomberg
Pakistan’s Foreign Minister Bilawal Bhutto Zardari urged the world to continue to help the South Asian nation recover from devastating floods ahead of a United Nations conference next month to mobilize funding. 
 
Pakistan is facing an economic crisis with reserves covering one month of imports, a dollar shortage and a delay in its loan program with the International Monetary Fund. Investors are still concerned about the nation’s ability of its debt, with long-term dollar bonds continuing to trade at distressed levels despite the payment of a $1 billion bond this month. 

“We find ourselves in this incredibly difficult position where

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in