WB offers $40m loan for rehabilitation of damaged health facilities in Sindh.

KARACHI -- Sindh government and World Bank agreed on Wednesday to provide Rs5,000 per acre subsidy to the growers for seed and fertilizer for Rabi Crop while WB also offered a $40 million loan for rehabilitation of the damaged health facilities.

The world bank has agreed to provide subsidies to the growers holding up to 25 acres of land and provincial government would provide growers holding land over 25 acres subsidies at the same rate.

According to a statement issued here it was agreed upon in a meeting between Sindh Chief Minister Syed Murad Ali Shah and the World Bank 13-member delegation led by its Country Director Mr Najy Benhassine here at CM House on Wednesday.

The CM was assisted by his cabinet members, Manzoor Wassan, Sharjeel Memon, Mukesh Chawla, Imtiaz Shaikh, Murtaza Wahab, Rasool Bux Chandio, Haris Gazdar, Chief Secretary Sohail Rajput, Chairman P and D Hassan Naqvi, Secretary Finance Sajid Jamal abro and other concerned secretaries.

The World Bank delegation comprised Regional Director Guangzhe Chen, Sector Group Leader Abedalrazq Khalil, Practice Manager Shomik Raj Mehndiratta, Program Leader Teuta Kacaniku, Senior Energy Specialist Anjum Ahmad, Executive Assistant Waleed Anwar, Senior Transport Specialist Hasan Afzal Zaidi, Transport Specialist Muhammad Bilal Paracha, Disaster Risk Management Specialist Bilal Khalid, Senior Social Development Specialist Kamran Akbar, Lead Agriculture Specialist Mr. Olivier Durand, Senior Water Specialist Mr. Francois Onimus.

Sindh Chief Minister Syed Murad Ali Shah told the World Bank country chief that his government had decided to provide subsidies on seed and fertiliser to the growers across the board at a rate of Rs5000 per acre.

Mr. Shah said that the World Bank has already agreed to provide subsidies to the growers of land holding up to 25 acres. The growers holding over 25 acres would be given subsidies by the provincial government. 'We have incentivized the Rabi crop, particularly wheat so that next year's wheat requirement could be met,' he said.

The Chief Minister talking about the route of the Yellow Line said that the consultants report about the structure condition of the existing Jam Sadiq Bridge had been received that recommended full-scale rehabilitation that would cost around $5.3 million. Murad Shah said that the proposal for the construction of a new 4-lane, one-kilometre bridge, adjacent to the existing Jam Sadiq Bridge was being worked out. The tender documents had...

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