Waters are still receding from the floods caused by monsoon rain and melting glaciers which killed at least 1,700 people and displaced around 8 million in Pakistan.
Officials from some 40 countries as well as private donors and international financial institutions are gathering for a meeting in Geneva as Islamabad seeks help covering around half of a total recovery bill of $16.3 billion.
Earlier, United Nations Secretary General Antonio Guterres called for massive investments to help Pakistan recover from what he called a “climate disaster of monumental scale.” Prime Minister Shehbaz Sharif said the country was committed to the IMF program but that he was asking the IMF for “breathing space” to meet its commitments, without elaborating.
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