The Sindh Emergency Housing Reconstruction Project will rehabilitate flood-hit houses
ISLAMABAD - The Asian Development Bank on Friday approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in 2022.
“This project will help rebuild homes and communities, and restore livelihood and basic services in Sindh, the province most affected by the devastating 2022 floods,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. Two years on, many victims still reside in inadequate, temporary shelters lacking essential services such as water, sanitation, and electricity, it added.
“ADB’s support will not only help Pakistan build back better, but it will also promote community-led climate resilience and disaster risk management strategies to better prepare for future hazards,” said ADB Director for Water and Urban Development Srinivas Sampath.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
ADB approves $400 mln Sindh flood recovery loan for PakistanAbb Takk News
مزید پڑھ »
ADB approves $400 million loan for flood rehabilitation in PakistanThe ADB loan flood rehabilitation project grants $400 million to aid Pakistan's recovery and rehabilitation efforts after devastat...
مزید پڑھ »
IMF loan accord lifts Pakistan Stock Exchange to new highPakistan Stock Exchange high achieved after IMF loan accord boosts investor confidence and economic outlook.
مزید پڑھ »
Federal debt burden soars: Pakistan faces 15% increase in total loansThe total loan on Pakistan has escalated significantly over the past year, with the State Bank of Pakistan (SBP) reporting a 15% i...
مزید پڑھ »
Bulls toss Karachi Stock Exchange index to record highBulls dominate the Pakistan Stock Exchange, driving the index to a record high of 80,000, fueled by optimism about the IMF loan de...
مزید پڑھ »
Provinces accept IMF’s demand for levying agriculture income taxIMF agriculture income tax Pakistan accepted by provincial governments to secure a new loan program. Farmers with annual incomes o...
مزید پڑھ »