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World Bank pledges $2 billion for flood-ravaged Pakistan

World Bank pledges $2 billion for flood-ravaged Pakistan

 


ISLAMABAD — The World Bank said it will provide nearly $2 billion in aid to Pakistan, devastated by floods that have killed more than 1,600 people this year, its biggest aid pledge yet.

Unprecedented monsoon rains and flooding this year, which many experts attribute to climate change, have also injured about 13,000 people across the country since mid-June. The floods have displaced millions and destroyed crops, half a million homes and thousands of kilometers (miles) of roads.

The World Bank’s vice president for South Asia, Martin Raiser, announced the pledge in an overnight statement after concluding his first official visit to the country on Saturday.

We are deeply saddened by the loss of lives and livelihoods due to the devastating floods and are working with the federal and provincial governments to provide immediate relief to those most affected, he said.

Raiser met federal ministers and the chief minister of southern Sindh province, the worst-affected region, where he visited the hard-hit Dadu district.

Thousands of makeshift medical camps for flood survivors have been set up in the province, where the National Disaster Management Authority said outbreaks of typhoid, malaria and dengue fever have killed at least 300 people.

The death toll prompted the World Health Organization last week to raise the alarm of a second disaster, with doctors on the ground racing to fight the outbreaks.

As an immediate response, we are repurposing funds from existing World Bank-funded projects to support urgent needs in health, food, shelter, rehabilitation and cash transfers,” said Raiser.

The World Bank agreed last week in a meeting with Prime Minister Shahbaz Sharif on the sidelines of the UN General Assembly to provide $850 million in flood aid to Pakistan. The $2 billion figure includes that amount.

Raiser said the bank is working with provincial authorities to begin as soon as possible to repair infrastructure and housing and restore livelihoods and help strengthen Pakistan’s resilience to climate-related risks. We are anticipating the financing of about 2 billion dollars for this purpose”.

Over the past two months, Pakistan has sent nearly 10,000 doctors, nurses and other medical staff to care for survivors in Sindh province.

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