A woman waits for relief after losing her home in Tando Hyder, Sindh province. EPA
A woman waits for relief after losing her home in Tando Hyder, Sindh province. EPA
A woman waits for relief after losing her home in Tando Hyder, Sindh province. EPA
A woman waits for relief after losing her home in Tando Hyder, Sindh province. EPA

Pakistan appeals for 'immense' international response to flood crisis


  • English
  • Arabic

Pakistan appealed on Saturday for an “immense humanitarian response” to unprecedented floods that have killed at least 1,290 people.

The request came as planes carried supplies to the country.

Federal Planning Minister Ahsan Iqbal made the appeal as a humanitarian air bridge brought in more relief supplies for more than 30 million people affected by devastating floods caused by monsoon rains. According to initial government estimates, the rain and flooding have caused $10 billion in damage.

“The scale of devastation is massive and requires an immense humanitarian response for 33 million people,” Mr Iqbal said. “For this I appeal to my fellow Pakistanis, Pakistan expatriates and the international community to help Pakistan in this hour of need.”

There were fears on Sunday that the crisis could dramatically worsen after officials warned that the largest freshwater lake in Pakistan, Lake Manchar, could overwhelm a protective embankment, despite an effort by engineers to drain excess water.

Villagers in the Jamshoro and Dadu districts of Sindh province near the lake have been urged to evacuate and more rain is expected in the coming days, meteorologists said.

Officials and experts, including UN Secretary General Antonio Guterres, have blamed the unusually heavy rains and flooding on climate change. Mr Guterres, who called on the world to stop “sleepwalking” through the deadly crisis, will visit Pakistan on September 9 to tour flood-hit areas and meet officials.

Earlier this week, the UN and Pakistan jointly launched an appeal for $160 million in emergency funding to help the millions affected by the floods, which have damaged more than a million homes.

Pakistan’s National Disaster Management Authority on Saturday reported 57 more deaths in flood-affected areas, raising the death toll since monsoon rains began in mid-June to 1,290.

Prime Minister Shehbaz Sharif’s earlier appeal for aid got a quick response from the international community, which sent planes loaded with relief goods. A French aircraft carrying relief goods landed in Islamabad on Saturday and was received by Minister for National Health Services Abdul Qadir Patel.

The ninth flight from the UAE and the first from Uzbekistan arrived in Islamabad overnight.

Mr Patel said the relief goods sent by France included medicine and large pumps to reduce water levels. He said France had also sent a team of doctors and experts.

Pakistan has established a national coordination centre to distribute the arriving aid. Mr Iqbal is supervising the army-led centre.

The minister said monsoon season rains have lashed most areas of Balochistan and Sindh provinces as well as parts of Khyber Pakhtunkhwa and Punjab provinces. The Gilgit-Baltistan territory has also been affected. Torrential rains and flash floods caused massive damage to infrastructure, roads, electricity and communications networks.

Mr Iqbal said the government was working to bring normality back to the country as soon as possible but could not do it alone.

Maj Gen Zafar Iqbal, head of the flood response centre, said that during the past four days, 29 planes loaded with relief goods arrived in Pakistan from Turkey, the UAE, China, Qatar, Uzbekistan, Jordan, Turkmenistan and other countries.

Military spokesman Maj Gen Iftikhar Babar said rescuers supported by the military were continuing rescue and relief operations. He said army aviation, air force and navy troops were using boats and helicopters to evacuate people from remote regions and to deliver aid.

The spokesman said the army had set up 147 relief camps that were sheltering and feeding more than 50,000 displaced people, while 250 medical camps had provided help to 83,000 people so far.

Health officials have expressed concern about the spread of waterborne diseases among homeless people living in relief camps and in tents alongside roads.

Lt Gen Akhtar Nawaz, head of the disaster management authority, said areas of the country that were expected to receive 15 to 20 per cent more rain than usual this year actually received in excess of 400 per cent more. Collectively, the country has had 190 per cent more rain than usual this monsoon season.

The US military’s Central Command said it would send an assessment team to Islamabad to see what support it can provide. The US announced $30m worth of aid for the flood victims earlier this week.

Two members of Congress, Sheila Jackson and Tom Suzy, were expected to arrive in Pakistan on Sunday to visit the flood affected areas and meet officials.

The%20Woman%20King%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Gina%20Prince-Bythewood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Viola%20Davis%2C%20Thuso%20Mbedu%2C%20Sheila%20Atim%2C%20Lashana%20Lynch%2C%20John%20Boyega%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: September 04, 2022, 3:36 PM