August 26, 2022
2 mins read

Financial aid pours in for flood-hit Pakistan

Taking note of widespread devastations and the Prime Minister’s appeal, the World Bank announced an immediate aid of $350 million….reports Hamza Ameer

As Pakistan faces its worst destruction, devastation, humanitarian crisis and catastrophe due to flash floods and torrential rains; global financial institutions and donors have responded to Prime Minister Shehbaz Sharif’s appeal for aid to help flood victims, announcing assistance of more than $500 million.

This comes at a times when floods, cloudbursts and torrential rains have triggered flash floods which have wrecked through major parts of the country encapsulating over 70 per cent of the country under flood water and disrupting road, train and telecommunication systems, millions of acres of standing crops, roads, bridges and disconnecting land routes causing major hindrances in relief operations across the country.

The Pakistan Prime Minister sent out an appeal to the international financial donors, organisations and countries to come forward and help provide resources for the rescue and relief of flood affected people at the earliest.

Taking note of widespread devastations and the Prime Minister’s appeal, the World Bank announced an immediate aid of $350 million.

World Bank Country Director Naiy Benhassine reached out to the Prime Minister and informed of the World Bank’s immediate aid disbursement.

As per details, the World Bank would provide the aid in full by the end of this week. World Bank would also cooperate with Pakistan through a comprehensive plan for the restoration of infrastructure after the estimation of the damages.

Moreover, World Food Programme (WFP), also announced $110 million in aid for the flood victims, while the Asia Development Bank (ADB) announced $20 million while UK Aid also announced $1.5 million for medium and long term projects for the rehabilitation of flood victims.

The Prime Minister held a meeting with international donor organisations, including World Bank, ADB, United Nations bodies, World Health Organization (WHO) and countries including China, United States and European Union, apprising them of the devastation across the country, caused due to the floods, especially in Sindh, Balochistan and the Khyber Pukhtunkhwa province. PM Shehbaz said that a state of emergency was enforced in many districts due to historic rains and floods.

As per estimates by National Disaster Management Authority (NDMA), at least 937 people have been killed including 396 men, 198 women and 343 children, while 1293 people including 692 men, 325 women and 326 children have been injured in flood-related incidents across the country since June 14 this year.

NDMA data states that till now, rains and floods had affected at least 4.3 million people in at least 116 districts, while over 2.2 million people were still living in relief camps.

The Shehbaz Sharif government has also announced an immediate cash payment of Rs 25000 for the flood hit families, adding that the government would do what it can do ensure that relief and rehabilitation reaches to every affected person.

“The magnitude of the flood disaster is so high that federal or provincial governments alone cannot fully restore the victims. Emergency cooperation of international institutions, organizations, countries and financial institutions is required,” the Prime Minister said.

A Flood Relief Fund 2022 was also established to speed up the relief and rehabilitation efforts.

ALSO READ: Pakistan gettiing tougher on TTP?

Previous Story

Floods leave Balochistan disconnected

Next Story

Pentagon’s new plan to avoid civilian deaths in strikes

Latest from -Top News

India Thwarts Pak Attacks, Hits Lahore Air Defence

India launches pre-dawn precision strikes on Pakistani air defence systems, with key radar installation in Lahore successfully neutralized, signalling a sharp escalation in regional military tensions…reports Asian Lite News The drones and

Perdue sworn in as US envoy to China 

David Perdue, a ‘hawkish’ figure in US politics, served as a Senator from 2015 to 2021, where he gained a reputation for his firm stance on China.  David Perdue, the former US

Mock drills held nationwide 

The nationwide mock drills are part of the government’s broader strategy to enhance civil defence capabilities and coinciding with the Pahalgam attack and India’s retaliatory action to it.   India conducted large-scale

India’s deepest strikes since 1971 

By extending its strike capabilities deep into Pakistan’s heartland, India has redrawn the contours of conventional deterrence in the subcontinent. This could embolden future Indian responses to cross-border terror attacks, but it
Go toTop

Don't Miss

Pakistan commends UAE’s support amid floods

The Pakistani diplomat said this during his meeting today with

Pakistan staring at looming gas crisis

Pakistan LNG Limited’s (PLL) has also decided not to procure