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World Bank approves $1.7 Billion for flood relief activities in Sindh province

ISLAMABAD: The Executive Board of the World Bank has approved $1.7 billion in financing for Pakistan for the flood-hit people in Sindh province.

The WB funds for five projects will support the people living in flood-affected areas of Sindh province in Pakistan.

According to the World Bank, three projects support rehabilitation and housing reconstruction and the restoration of crop production for vulnerable communities in the province. Two projects will support health services for mothers and children.

The multilateral bank will provide $500 million for Sindh flood emergency rehabilitation.

Dollar Background

Another $500 million will be provided for reconstruction of houses, damaged by the devastating rains and floods this year.

Meanwhile, $292 million will be released for agricultural development in the province.

For the social protection in Sindh, the board of executive directors of the World Bank has approved $200 million.

Also, the WB will disburse to Sindh government about $200 million for health care projects in the province.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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