COP27 summit: UN chief urges world to support flood-hit Pakistan

09:47 AM | 8 Nov, 2022
COP27 summit: UN chief urges world to support flood-hit Pakistan
Source: @pmln_org (Twitter)

UN Secretary General Antonio Guterres has urged the international community to extend massive support to Pakistan for the rehabilitation and reconstruction of flood affected areas after the South Asian country witnessed record deluges triggered by climate change this year.

The UN chief was addressing a joint news conference along with Pakistani Prime Minister Shehbaz Sharif in Sharm Al Sheikh, Egypt, where the delegates from nearly 200 countries are gathered to attend the UN Climate Change Conference, or COP27.

PM Shehbaz co-chaired COP27 as Egyptian President Abdul Fattah El-Sisi had offered it to Pakistan after he launched an international campaign to raise awareness about climate change in the wake of floods that killed over 1,700 people, affected 33 million in the South Asia country.

The UN Secretary General said the loss and damage suffered by Pakistan deserved to be considered as a reality and recognised through financial mechanisms, hoping the climate implementation conference will be able to find a way in this regard.

He stressed that Pakistan should have access to effective debt relief and the concessional funding to carry out the huge task of reconstruction and rehabilitation.

He appealed the international financial institutions and the G-20 countries to create conditions for mechanisms of debt relief for middle income countries impacted by natural disasters to allow resources to be invested in resilience and in recovery and reconstruction.

The UN Secretary General said Pakistan being a middle income country has not benefited from debt relief at the level that should be necessary for the country. He said he has been making proposals of debt swap for countries like Pakistan so that investments could be made in rehabilitation and recovery and reconstruction from a natural disaster.

Expressing full solidarity, he said the UN will be side by side with Pakistan.

He said the UN is proud to be associated with Pakistan for the international donor conference in which we will try to obtain massive support from the international community for the rehabilitation and reconstruction of the areas impacted by the tragic events.

He said the climate implementation summit also needs to define a clear roadmap to deal with the issue of climate change.  This should include the creation of an institutional framework and financing in order to address the problems of loss and damage. He hoped that Pakistan will be able to benefit from these developments.

Addressing the presser, PM Shehbaz Sharif also called for collective efforts to deal with the challenge of climate change.

Referring to the devastation caused by the floods, he highlighted that millions of people in Pakistan are going into winter without shelter or livelihood which is their fundamental right. He said women and children are still looking to us to protect their needs.

Alluding to the problems posed by floods such as stagnant water and water borne diseases, he said Pakistan is grateful to the UN agencies and development partners for supporting us in this unprecedented crisis but this climate carnage is very huge.

Shehbaz Sharif mentioned that our journey to recovery will be held back by increasing public debt, rising international energy prices and no real access to adaptation fund, Radio Pakistan reported.


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on April 01, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on April 01 , 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.6 286.65
Euro EUR 308 311
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 77.2 77.9
Saudi Riyal SAR 75.5 76.5
Australian Dollar AUD 187.5 189.9
Bahrain Dinar BHD 754.25 762.25
Canadian Dollar CAD 206.5 208.7
China Yuan CNY 41.16 41.56
Danish Krone DKK 41.49 41.89
Hong Kong Dollar HKD 36.11 36.46
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2.25 2.3
Kuwaiti Dinar KWD 924.86 933.86
Malaysian Ringgit MYR 64.14 64.73
New Zealand Dollar NZD 176.37 178.38
Norwegians Krone NOK 27.16 27.46
Omani Riyal OMR 736.57 144.51
Qatari Riyal ‎QAR


Singapore Dollar SGD 209.5 211.5
Swedish Korona SEK 27.35 27.65
Swiss Franc CHF 310.26


Thai Bhat THB 8.29 8.44

Today's gold rates in Pakistan – 01 April 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 209,000 on Saturday.The price of 10 grams of 24k gold was recorded at Rs179,190.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 209,000 PKR 2,525
Karachi PKR 209,000 PKR 2,525
Islamabad PKR 209,000 PKR 2,525
Peshawar PKR 209,000 PKR 2,525
Quetta PKR 209,000 PKR 2,525
Sialkot PKR 209,000 PKR 2,525
Attock PKR 209,000 PKR 2,525
Gujranwala PKR 209,000 PKR 2,525
Jehlum PKR 209,000 PKR 2,525
Multan PKR 209,000 PKR 2,525
Bahawalpur PKR 209,000 PKR 2,525
Gujrat PKR 209,000 PKR 2,525
Nawabshah PKR 209,000 PKR 2,525
Chakwal PKR 209,000 PKR 2,525
Hyderabad PKR 209,000 PKR 2,525
Nowshehra PKR 209,000 PKR 2,525
Sargodha PKR 209,000 PKR 2,525
Faisalabad PKR 209,000 PKR 2,525
Mirpur PKR 209,000 PKR 2,525


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter