ISLAMABAD: The Asian Development Bank (ADB) arranging a flood relief package to assist Pakistan’s flood-relief program amid widespread devastation across the country, a local news channel reported on Tuesday.
In a statement, the ADB stated that the bank will provide emergency aid for relief efforts in the country’s flood-affected regions.
Following the devastating floods in Pakistan, ADB is working quickly to provide a significant package of relief and rehabilitation.
This is designed to support people, livelihoods, and infrastructure immediately and in the long-term. pic.twitter.com/1KmmC0jb8k
— Asian Development Bank (@ADB_HQ) September 20, 2022
The bank will help the underprivileged, sick mothers, and children who were affected by flooding.
According to the statement, the ADB will support farmers who lost crops and give assistance in agricultural production to help them get back on their feet.
The lender will also provide funds for rebuilding of roads, bridges and other infrastructure destroyed in flood. It will also extend support for reconstruction of damaged houses, schools, hospitals and other amenity buildings.
In the last week of August, the Asian Development Bank had approved $3 million grant to support the Government of Pakistan’s emergency relief efforts.
The grant, financed from the Asia Pacific Disaster Response Fund (APDRF), would help fund the immediate purchase of food supplies, tents, and other relief goods to support flood victims across the country. APDRF is a special fund designed to fast-track grants to ADB developing member countries affected by disasters triggered by natural hazards, according to a press release issued by the ADB.
“ADB stands with the people of Pakistan during these difficult times,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “We are committed to working with the government and other development partners to help Pakistan overcome the devastating impact of this natural disaster and provide immediate relief to affected families.”
Moreover, the ADB in its recent report had placed Pakistan among high-risk countries prone to be affected by natural calamities, adding that the country every year suffered losses of US$2 billion from natural disasters.
