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The World Bank reallocates $300 million to help flood affects in Pakistan

WASHINGTON: World Bank support Pakistan in a business with massive devastation caused flood, reprogramming its existing activities and future programs. The bank would also redirect $300 million to help flood victims and support flood relief.

Here in Washington, Ambassador Masood Khan, Pakistan’s envoy to the United States, held talks with World Bank Vice President Martin Reiser to brief him and his team about the value of devastation caused through deadly floods that affected 33 million people one-third area of country.

The World Bank reallocates 0 million to help flood    affects in Pakistan

World Bank development partner of Pakistan. Pakistan was a member of World Bank since 1950. Since then, the World Bank has provided $40 billion in help.

During the meeting, Ambassador Masood Khan said that despite the contribution of less than 1% of gases warming the planet, Pakistan remained one of most affected countries because of the phenomenon of random climate change.

“The recent disaster has strengthened need to review our strategy from mitigation and adaptation to preparedness and resilience,” Masood Khan said.

The Ambassador informed the delegation that death the death toll exceeded 1355 people, thousands were injured. About infrastructure and properties, over 6500 km of roads and 246 bridges were damaged. More than 750,000 head of livestock died. FROM one-third of the country sank under water, farmers lost their crops of cotton and sugar cane cost them huge losses in agrarian economy- continued the ambassador.

“The damage is way Besides that government could handle it alone. We are looking forward to our friends international community and our development partners to help us in meeting with it challenge”, – said the ambassador.

World Bank Vice President Martin Reiser expressed his condolences over loss of precious lives and other damage and said the World Bank was assessing the situation on- earth and will help Pakistan in overcoming this disaster.

He also stated that he would soon visit the country to make an informed assessment of cumulative damage and how best to help in government.

Ambassador Masood Khan, in In a tweet, he described the meeting as excellent and praised the assistance of the World Bank. for Pakistan. He said Pakistan work for strong partnership with The World Bank.

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Derrick Santistevan
Derrick Santistevan
Derrick is the Researcher at World Weekly News. He tries to find the latest things going around in our world and share it with our readers.

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