Pakistan makes $3 million donation for the SAARC emergency fund for regional fight against coronavirus
*ISLAMABAD - **Pakistan makes $3 million donation for the SAARC emergency fund for regional fight against coronavirus.*
Pakistan informed SAARC that the fund should be administered by its secretariat and utilised after consultation with all members, the Foreign Office said in a statement.
“Being a founding member, Pakistan considers SAARC an important platform for regional cooperation,” the statement read.
“Pakistan remains committed to the SAARC process and will continue working with the Member States to strengthen regional cooperation.”
The emergency fund was proposed by Indian Prime Minister Narendra Modi in a video conference of the SAARC leaders two weeks ago. He had offered a contribution of $10 million.
Bangladesh has already pledged $1.5 million, Afghanistan $1 million, Maldives $2 million, Nepal $1 million, Bhutan $100,000 and Sri Lanka $5 million.