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US extends $132 million debt relief to flood-hit Pakistan

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  • US Ambassador Donald Blome signs agreement.
  • Assistance approved under G-20 DSSI framework.
  • Our priority is to redirect critical resources in Pakistan: US embassy.

ISLAMABAD: The United States has agreed to suspend loans worth $132 million under the G-20 Debt Service Suspension Initiative (DSSI) framework for Pakistan to assist the South Asian country in its relief, rehab, and reconstruction efforts in the wake of extreme monsoons and record floods.

US Ambassador to Pakistan Donald Blome has signed the second bilateral agreement in this regard, the US Embassy said on Twitter.

The agreement will provide $132 million in US debt relief to Pakistan.

“Our priority is to redirect critical resources in Pakistan,” the US Embassy said in its tweet referring to the historic floods that hit 33 million people and claimed over 1,600 lives across Pakistan since mid-June.

The assistance comes a day after Prime Minister Shehbaz Sharif attended a ceremony at the embassy to mark the 75th anniversary of diplomatic ties between the two nations.

Speaking on the occasion, Ambassador Blome reaffirmed continuing US support to Pakistan during the difficult recovery process.

“While the water is only now receding and the rebuilding just beginning, the people of the United States continue to stand with Pakistan. We are doing what friends and partners do – support each other when it’s needed most,” the ambassador said.

“While our two democracies have steadfastly stood together over the years, the rapidly changing world provides a pivotal opportunity to reframe the US-Pakistan partnership and recognise that our shared objectives and mutual ambitions go much deeper.”

“When I consider the future of US-Pakistan relations, I see many possibilities to advance our shared interests in trade, investment, clean energy, health, security, education, and other shared priorities. As we look forward to the next 75 years and beyond, I hope you will join me in opening this new door.”

The US ambassador said that the people of the United States would continue to stand with Pakistan.

“The strength of Pakistan-US friendship is demonstrated by more than 66 million dollars in US support for flood response,” the US envoy added.

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PTI and JUI (Sherani) decide to proceed by consensus.

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Jamiat Ulema-e-Islam (Sherani) and Pakistan Tehreek-e-Insaf (PTI) have agreed to proceed together.

Maulana Muhammad Khan Sherani, the leader of JUI (Sherani), met with Barrister Dr. Saif, the Chief Minister of Khyber Pakhtunkhwa’s Information Advisor.

The conference also included former senator Aslam Buledi and former federal minister Muhammad Ali Durrani.

The discussion focused on promoting reconciliation, political cooperation, and collective progress in the country. In addition, Barrister Dr. Saif read Fatiha and expressed sympathy for Maulana Sherani’s wife’s demise.

Barrister Saif recognized Maulana Sherani as a respected religious and political person, a senior member of parliament, and an expert in constitutional law during the meeting. He said that Maulana Sherani’s services are greatly valued by PTI founder Imran Khan and the party, and they hope he will play an active role in promoting trust, cooperation, and national reconciliation.

Maulana Sherani was invited to visit Khyber Pakhtunkhwa by Barrister Saif on behalf of KP Chief Minister Ali Amin Gandapur.

Maulana Muhammad Khan Sherani emphasized the importance of reconciliation in guiding the nation away from conflict and proposed that Muhammad Ali Durrani be instrumental in promoting this process.

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Business

SFD and Pakistan Sign Two Deals Totaling $1.61BLN

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Two agreements totaling $1.61 billion have been inked by Pakistan and the Saudi Fund for Development to improve their bilateral economic cooperation.

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Entertainment

‘Kashmir Banay Ga Pakistan’ is a new song teased by ISPR for Solidarity Day

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A new anthem, “Kashmir Banay Ga Pakistan,” was issued by Inter-Services Public Relations (ISPR) on Wednesday (tomorrow) in honor of Kashmir Solidarity Day.

Every year on February 5, Kashmir Solidarity Day is commemorated to show solidarity with the people of Indian-Occupied Kashmir.

Renowned musician Ahmed Jahanzeb sings the song, which sends a powerful message of solidarity and dedication to the liberation fighters of Held Kashmir.

Imran Raza wrote the words, while Irfan Saleem and Kamran Khan composed the music.

The song was composed especially to commemorate the momentous day and to reaffirm support for the courageous and tenacious people of Kashmir, who are fighting for their right to self-determination, as guaranteed by the documents of united nations

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