President Macron claims France stands to assist Pakistan in discussions with creditors

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PARIS – French President Emmanuel Macron said Paris is ready to assist Pakistan in its negotiations with financial institutions, as the country suffers massive losses as a result of recent floods.

The International Conference on Resilient Pakistan, co-hosted by Pakistan and the United Nations, aims to rally support for rebuilding the country following severe floods.

Macron stated in a video message during the Geneva meeting that France will continue to give expertise and some financial assistance to the country.

The floods, blamed on climate change, devastated Pakistan’s already-struggling economy, displacing 8 million people and killing at least 1,700 people. The cost of reconstruction is currently anticipated to be more than $16 billion.

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