ADB to provide relief, rehabilitation package to Pakistan
Business
The package will support development and financial stability of the agriculture sector.
ISLAMABAD (Dunya News) - Asian Development Bank (ADB), will soon provide Pakistan with a significant relief and rehabilitation package, to repair the infrastructure and help livelihood.
On short and medium-term basis, the bank would use ongoing projects to repair damaged infrastructure, including roads and irrigation infrastructure and support the development and financial stability of the agriculture sector to boost food security.
The bank is also processing countercyclical support to help the poor and vulnerable especially women and children, weather the impacts of food prices and other external shocks.
On Long-term basis, the bank would prioritize projects that support post-flood reconstruction and strengthen climate and disaster resilience.
This is in addition to the $3 million the bank had already approved for the immediate purchase of food, tents, and other relief goods, it said adding the bank would provide more details of its assistance package when it is finalized.
