ADB determined to help Pakistan increasing cash transfer to needy families through BISP

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Country Director of Asian Development Bank (ADB), Mr. Yong Ye Friday said that ADB would continue to assist Pakistan to help flood-affected people.

“The recent floods in Pakistan have affected 33 million people, many lost their homes, jobs, and businesses, a large number of cattle and crops were devastated, and tens of thousands of people were still homeless while ADB will continue to assist Pakistan to help flood affected people”, he said in a video message.

Mr. Yong Ye said that now flood water was subsiding, infectious diseases, and severe food shortages were looming, and in this situation, ADB has moved swiftly to support Pakistan’s flood response through immediate relief, early recovery, and reconstruction assistance.

He said that the recently approved $1.5 billion BRACE program will provide much-needed support to expand social protection and food security coverage to mitigate the impacts of rising food prices and loss of livelihood. —APP

 

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