Great news that Pakistan received pledges of 8 Billion Dollars in Geneva!!
•Islamic DB 4.2 billionThe Islamic Development Bank (IDB) is a multilateral development finance institution that was established in 1973 with the goal of fostering economic development and social progress in member countries and Muslim communities around the world. The IDB is headquartered in Jeddah, Saudi Arabia, and has 57 member countries.
The IDB provides financing for a variety of sectors, including infrastructure, agriculture, healthcare, and education. It also provides technical assistance and advisory services to member countries to help them develop their economies and improve the well-being of their citizens. The IDB works closely with other international organizations and financial institutions to achieve its goals and to promote economic development and cooperation in the Islamic world.
•World Bank $2 billionThe World Bank is a financial institution that provides loans, guarantees, and other financial assistance to developing countries around the world. The World Bank was established in 1944 to help rebuild the economies of countries that had been devastated by World War II. It is headquartered in Washington, D.C., and is made up of two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
The IBRD provides loans and other financial assistance to middle-income and creditworthy poorer countries, while the IDA provides grants and low-interest loans to the poorest countries. The World Bank aims to reduce poverty and promote sustainable development by supporting economic growth, improving health and education, and promoting good governance and private sector development. It works closely with other international organizations and financial institutions to achieve its goals.
The Asian Development Bank (ADB) is a regional development finance institution that was established in 1966 to help promote economic development in Asia and the Pacific. The ADB is headquartered in Manila, Philippines, and has 67 member countries.
The ADB provides loans, technical assistance, and other forms of financial assistance to member countries to help them reduce poverty, improve living standards, and promote sustainable development. It focuses on infrastructure development, including projects related to energy, transport, and water and sanitation. The ADB also supports the development of the private sector and promotes regional economic integration. It works closely with other international organizations and financial institutions to achieve its goals and to support the economic development of the region.
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$100 million
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$77 million
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€84 million
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€0.5 billion
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$10 million
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$100 million
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