ISLAMABAD – Prime Minister Shehbaz Sharif on Sunday left for Geneva to attend International Conference on Resilient Pakistan which is aimed at marshalling support to rebuild the country after devastating floods.
Taking to Twitter, the prime minister said that he will take the opportunity to present the case of flood victims before the world and throw light on steps the government has taken for relief and rehabilitation.
“We will place a comprehensive post-disaster framework plan for recovery, rehabilitation and reconstruction with resilience before development partners and friendly countries. Bridging the funding gap is key to restoring critical infrastructure, rebuilding lives and livelihoods and reviving the economy,” the premier wrote.
Leaving for Geneva today to co-host International Conference on Resilient Pakistan along with UN Secretary General. Will take the opportunity to present the case of flood victims before the world. I will also throw light on steps my govt has taken for relief & rehabilitation. 1/3— Shehbaz Sharif (@CMShehbaz) January 8, 2023
Pakistan and the United Nations are holding a major conference in Geneva on Monday that will help mobilise international support to help Pakistan’s people and government recover more effectively from the devastation caused by recent floods.
Humanity is at an inflection point in world history. Our actions today will shape the resilient future for our succeeding generations. Millions of Pakistanis affected by unprecedented devastation look for compassion & solidarity to build back better. 3/3— Shehbaz Sharif (@CMShehbaz) January 8, 2023
Record monsoon rains and melting glaciers last September displaced some 8 million people and killed at least 1,700 in a catastrophe blamed on climate change.
United Nations Secretary-General Antonio Guterres, who visited Pakistan in September, had described the destruction in the country as “climate carnage”.
“This is a pivotal moment for the global community to stand with Pakistan and to commit to a resilient and inclusive recovery from these devastating floods,” said Knut Ostby, United Nations’ Development Programme’s Pakistan Representative.
Pakistan’s ambassador to the UN in Geneva, Khalil Hashmi, said Islamabad was willing to pay for about half of the bill but hoped for support from donors for the rest
An International Monetary Fund (IMF) delegation will meet Finance Minister Ishaq Dar on the sidelines of the conference.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Sunday.
On Sunday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices decreased in local markets in line with the trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs216,300, and 10 grams of 24k gold costs Rs185,450.
Single tola of 22 Karat Gold price costs Rs198,274, 21 karat rate per tola costs Rs189,263 and 18k gold rate is Rs162,225 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Sunday.
|Lahore||PKR 216,300||PKR 2,486|
|Karachi||PKR 216,300||PKR 2,486|
|Islamabad||PKR 216,300||PKR 2,486|
|Peshawar||PKR 216,300||PKR 2,486|
|Quetta||PKR 216,300||PKR 2,486|
|Sialkot||PKR 216,300||PKR 2,486|
|Attock||PKR 216,300||PKR 2,486|
|Gujranwala||PKR 216,300||PKR 2,486|
|Jehlum||PKR 216,300||PKR 2,486|
|Multan||PKR 216,300||PKR 2,486|
|Bahawalpur||PKR 216,300||PKR 2,486|
|Gujrat||PKR 216,300||PKR 2,486|
|Nawabshah||PKR 216,300||PKR 2,486|
|Chakwal||PKR 216,300||PKR 2,486|
|Hyderabad||PKR 216,300||PKR 2,486|
|Nowshehra||PKR 216,300||PKR 2,486|
|Sargodha||PKR 216,300||PKR 2,486|
|Faisalabad||PKR 216,300||PKR 2,486|
|Mirpur||PKR 216,300||PKR 2,486|