Pakistan floods: EU Commission pledges new aid, World Bank, IMF to arrange funding

Pakistan Prime Minister Shehbaz Sharif (right) meets President of the EU Commission, Ursula von der Leyen, on the sidelines of UNGA session in New York, US, on September 22, 2022. (@vonderleyen/Twitter)
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Updated 22 September 2022
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Pakistan floods: EU Commission pledges new aid, World Bank, IMF to arrange funding

  • PM Sharif meets EU Commission president and global monetary lenders on sidelines of UNGA
  • Sharif thanks US President for highlighting floods in UNGA speech and calling for “immediate response”

ISLAMABAD: President of the EU Commission, Ursula von der Leyen, has pledged new humanitarian aid for Pakistan in the aftermath of recent floods, while the IMF and World bank have said they will make funds available for reconstruction from existing programs.

The announcements come after Prime Minister Shehbaz Sharif’s meetings with the EU Commission president and global monetary lenders on the sidelines of the United Nations General Assembly (UNGA) in New York on Wednesday, in which he highlighted the challenges that face Pakistan where nearly 1,600 have died from floods triggered by deadly monsoon rains.

The deluges have affected more than 33 million people, with swelling waters sweeping away villages, roads and bridges, and at one point inundating a third of the country’s territory. The government estimates damages could go up to $40 billion.

“We will come forward with new humanitarian aid in the coming weeks, to support the people of Pakistan,” von der Leyen said after a meeting with the Pakistani PM. She did not specify the amount of the package.

 

 

In a separate tweet, Sharif said top officials at the IMF and World Bank had said they would focus on “making resources available within our existing programs for post-flood reconstruction.”

 

 

Sharif also thanked US President Joe Biden for highlighting floods in Pakistan during his UNGA speech and calling on the world to deliver an “immediate response.”

 

 

So far, the US has provided $53 million in flood aid to Pakistan, which the chairman of the US Senate Foreign Relations Committee, Bob Menendez, told a recent gathering in New Jersey was “like a drop in a bucket.”


Pakistan PM calls for faster CPEC implementation, pledges security for Chinese workers

Updated 27 February 2026
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Pakistan PM calls for faster CPEC implementation, pledges security for Chinese workers

  • Shehbaz Sharif pushes expanded cooperation in agriculture, IT and mining under CPEC phase two
  • Chinese envoy reaffirms Beijing’s support for Pakistan’s sovereignty and economic development

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for speeding up projects under the China-Pakistan Economic Corridor (CPEC) and pledged stronger security guarantees for Chinese workers and investments, during a meeting with China’s ambassador in Islamabad.

Sharif made the remarks as the two countries strive to launch the second phase of CPEC, a multibillion-dollar infrastructure and energy initiative launched in 2015 as part of China’s Belt and Road Initiative (BRI).

CPEC’s first phase focused largely on power generation and transport infrastructure aimed at easing Pakistan’s chronic energy shortages and improving connectivity. The second phase seeks to expand cooperation into industrial development, with an emphasis on special economic zones and export-oriented growth.

“While highlighting the importance of accelerating ongoing CPEC projects, the Prime Minister stressed on the need to enhance cooperation in agriculture and IT and mining & minerals,” said a statement circulated by the PM Office after the meeting.

“He also underscored Pakistan’s resolve to provide a secure and conducive environment for Chinese personnel, investments, and institutions in Pakistan,” it added.

Chinese nationals and projects in Pakistan have faced security threats in the past, including attacks by militant groups targeting infrastructure sites and convoys. Islamabad has repeatedly vowed to tighten security and has deployed special protection units for Chinese workers.

China is Pakistan’s closest ally in the region and a key economic partner, with CPEC widely regarded by Islamabad as central to long-term economic growth.

During the meeting, the prime minister conveyed greetings to Chinese President Xi Jinping and Premier Li Qiang, particularly on the occasion of the Chinese New Year.

China’s Ambassador to Pakistan, Jiang Zaidong, reiterated Beijing’s support for Pakistan’s sovereignty and socioeconomic development, according to the statement. Both sides also exchanged views on regional and international issues and agreed to maintain close coordination.