World Bank extends support for flood relief

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


Web Desk September 25, 2014
World Bank extends support for flood relief

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.

 

COMMENTS (3)

Dipak | 10 years ago | Reply

This is a very good news and will help Pakistan and it's ordinary people. I sincerely hope the politicians and Military do not mess up the projects for their own gain.

Chachoo | 10 years ago | Reply

Meanwhile The king of Pakistan and the head of the Royal Nawaz Family have signed a summary to award Mercedez Benz E250 to his close family friend and AJ ( Advocate general of Pakistan) Mr Butt.This model will cost only 5 crore rupees ( 50 Million ) to the national exchequer. The gift of Mercedez Sedan by His High Handedness will also help in Rehabilitation of poor flood victims around Pakistan

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