ISLAMABAD: China on Saturday announced to provide further 5 billion Yuan to Pakistan for flood rehabilitation efforts.
According to the sources, the additional amount will be given for the restoration and renovation in the flood-struck areas of Pakistan.
China has informed Pakistan about their grant of the additional emergency funds. A Memorandum of Understanding (MoU) was signed by Prime Minister Shehbaz Sharif during his China tour. China announced the grant of 3 billion Yuan in September, 2022.
Earlier, Chinese Ambassador to Pakistan Nong Rong said that China has so far pledged over $90 million in assistance to Pakistan after the devastating floods triggered by heavy monsoon rains.
In a videotaped address released on Twitter, the Chinese ambassador reaffirmed his government’s continued support to Islamabad to help flood-affected people.
“China is the most reliable iron brother of Pakistan. Since the devastating floods occurred in Pakistan, among all countries, China has announced the biggest amount of assistance to Pakistan,” Nong Rong said.
