Pakistan Floods: International Donors Pledge Over $9bn

In Asia, donors from around the world have pledged more than $9bn to help Pakistan recover from the devastating floods that hit the country last year.

It amounts to more than half of the estimated $16.3bn Pakistan needs to recover from the disaster.

The pledges come as Pakistan continues negotiations over the next instalment of an international bailout.

To pay for those energy imports the country needs foreign currency, especially U.S. dollars.