Pakistan identifies $8.2bn flood funding gap.
Pakistan has identified a funding gap of $8.2 billion against the $16.3 billion total flood rehabilitation and reconstruction requirements - setting the goal for the international donors conference next month.
The $8.2 billion gap appeared too large to be filled in the Geneva conference amid low response to the UN's $816 million emergency appeal, high risks of Pakistan's sovereign default, and possible derailment of the International Monetary Fund (IMF) programme because of imprudent economic policies.
The planning...
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