Govt prepares Rs 577.9bn flood reconstruction plan

Govt prepares Rs 577.9bn flood reconstruction plan
Updated on

Summary

Planning Commission of Pakistan has finalized flood-reconstruction plan of worth Rs 577.9 billion. According to the preliminary damage-need assessment survey jointly conducted by the Asian Development Bank and World Bank, total damages have been worked out at Rs 854.8 billion with the total reconstruction plan at Rs 577.9 billion. There are several options for reconstruction and only replacement of the damages would cost the government Rs 577.9 billion. According to estimates, Azad Jammu and Kashmir has confronted damages worth Rs 7.3 billion in the recent devastating flood and its reconstruction would cost the government Rs 30.4 billion. Balochistan has suffered Rs 52.6 billion in damages while the reconstruction plan of the province would cost Rs 19.8 billion. Damages in FATA are estimated at Rs 6.3 billion and its reconstruction would cost Rs 32.4 billion. Damages to the federal government in the flood had been recorded at Rs 93.1 billion and its reconstruction plan would cost it Rs 95.9 billion. The Gilgit-Baltistan government has incurred damages of Rs 4.1 billion and its reconstruction would cost Rs 80.8 billion to the government. Khyber Pakhtunkhwa has suffered damages worth Rs 99.6 billion and its reconstruction was estimated at Rs 88.7 billion. Punjab incurred damages of Rs 219.3 billion and its reconstruction would cost Rs 70 billion, Sindh confronted Rs 372.3 billion in flood damages and its reconstruction would be worth Rs 153.7 billion.
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