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Business

Asian Development Bank to provide relief, rehabilitation package for flood-hit Pakistan

by Web Desk September 20, 2022

AA

 Asian Development Bank to provide relief, rehabilitation package for flood-hit Pakistan

The Asian Development Bank (ABD) on Tuesday announced to provide the significant package of relief and rehabilitation for flood-hit Pakistan. in Pakistan.

Taking to twitter, the Asian Development Bank said the package is designed to support people, livelihoods, and infrastructure immediately and in the long-term.

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

In the short and medium term, the Asian Development Bank said it will use ongoing projects to repair damaged basic infrastructure, including roads and irrigation infrastructure, and to support the development and financial stability of the agriculture sector to boost food security.

“We will prioritize long-term projects that will support post-flood reconstruction and strengthen infrastructure to deal with natural disasters,” the statement added.

The Asian Development Bank said that “we will provide more details of our new aid package once it is finalized”.

“We will work with the government and other international agencies to help rebuild the lives and livelihoods of the more than 3.3 million victims affected by the natural disaster in this time of crisis,” the statement added.

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