US monitors allegations of mismanagement of $400 million flood relief loan in Pakistan

economictimes.indiatimes.com October 3, 2024, 10:00 AM UTC

The U.S. is monitoring allegations of mismanagement regarding $400 million in World Bank loans for flood relief in Pakistan. Bilawal Bhutto Zardari, chairman of the Pakistan Peoples' Party, accused the government of misusing these funds for unrelated projects. The U.S. State Department emphasized the importance of transparency and accountability in humanitarian aid. They stated that assistance may be halted if misuse is detected, highlighting concerns over the handling of flood relief resources in Pakistan. These developments come as Pakistan faces severe climate challenges and economic stress. The allegations have raised scrutiny over the government's management of international aid, potentially complicating future funding efforts.


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