ADB provides quick relief package to help flood-victims.

ISLAMABAD -- The Asian Development Bank (ADB) has been working quickly to provide a significant package of relief and rehabilitation to the flood-affected people, the bank said in a tweet on Tuesday.

The package is designed to support people, livelihoods and infrastructure immediately and in the long-term, it said.

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...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT