2005 News Story

Saudi Arabia is top donor at international donors conference for Pakistan

Saudi Arabia and the United States topped the list of donors at the international donor conference held in Islamabad to raise funds for the reconstruction of earthquake-devastated Pakistan. The Kingdom pledged US $573 million, while the United States pledged US $510 million. Both countries also mobilized the private sector to raise funds and aid the tens of thousands affected by the October 8 quake.

Saudi Arabia announced US $153 million in grants and another $187 in concessional loans.  A nationwide fundraising campaign underway in the Kingdom has also raised more than US $120 million to date.

Pakistani President General Pervez Musharraf said his country is extremely grateful to the international community for its generous assistance, especially Saudi Arabia and the United States.