Pakistan Receives Limited New Funding for Flood Reconstruction
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Pakistan expected to receive $3.4 billion of the $10.9 billion pledged in Geneva for infrastructure projects in flood-affected areas.
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Majority of Geneva pledges were for commodities, oil facility, and repurposed funds rather than new money.
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Slow disbursement so far - only $780 million of project financing received as of September.
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13 development schemes approved for flood-affected areas, but progress on the ground has been slow.
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Monitoring framework being strengthened to ensure transparency of flood reconstruction spending.