World Bank extends support for flood relief

World Bank to provide $11 billion over four years to Pakistan for irrigation and power projects.

ISLAMABAD: World Bank would provide funds worth $11 billion to Pakistan over the next four years for different water, irrigation and hydel power projects, including construction of the Diamer-Basha and Dasu dams, Radio Pakistan reported.

World Bank President Jin Kong Kim during his meeting with Prime Minister Nawaz Sharif in New York on Thursday also extended assistance for flood relief.

“The Bank will assist Pakistan to overcome situation caused by natural calamity,” he said.

Nawaz said his administration was taking steps to improve Pakistan's economy and appreciated the World Bank’s assistance in doing so.

Kim also offered assistance to Pakistan for the eradication of polio.