Earlier, the government appealed to the nation for generous donations saying it lacked resources to deal with such a big disaster.
"Let's turn this calamity into an opportunity," Planning Minister Ahsan Iqbal, who also heads National Flood Response Coordination Center (NFRCC), said at a press conference.
The appeal was made after the country received a lukewarm response from international community.
The UN launched a flash appeal of $160 million to help Pakistan tackle devastating floods that have killed more than 1,500 people including over 550 children, so far.