Target Achieved.

The International Conference on Climate Resilient Pakistan has pledged more than $9 billion for re covery efforts following the floods of 2022. This fig-- ure is a billion more than requested as PM Shehbaz had sought $8 billion from international partners over the next three years. This shows that the moot has been successful in garnering funds and commitments as the monsoons affected 30 million people, displaced more than 8 million, and affected infrastructure, livestock, and more. These funds were necessary, not just for rehabilitation, but also to create fiscal space for the implementation of the IMF programme. Short-term financing is sorely needed as foreign reserves have depleted and the ninth IMF review is still not finalised. The PM has also stated that he is trying to persuade the Fund to extend some breathing space as he tries to tackle the situation. During the conference, the finance minister also met with the IMF Mission Chief to Pakistan, ISDB President, and USAID Deputy Administrator. While the UN's impassioned appeal and subsequent speeches have secured the...