ISLAMABAD: The King Salman Humanitarian Aid and Relief Center (KSrelief) has announced the construction of 1,000 houses for families displaced by the 2022 floods in Pakistan’s northwest Khyber Pakhtunkhwa (KP) and eastern Punjab provinces, aiming to “rebuild communities and foster resilience” across the South Asian nation, a statement said on Wednesday.
The Saudi charity organization, with one of the largest humanitarian budgets available to any aid agency worldwide, has undertaken a wide variety of projects in more than 80 countries.
Pakistan is the fifth largest beneficiary of its aid and humanitarian activities and has received significant assistance, particularly following the 2022 monsoon floods, during which unusually heavy rains triggered flash floods, killing over 1,700 people and causing economic losses of around $30 billion.
The agreement for construction was finalized between Pakistan’s National Disaster Management Authority (NDMA) and KSrelief earlier in October when officials from both sides signed the Cooperation Programs. Of the 1,000 houses, 590 will be built in KP’s Dera Ismail Khan and 410 in Punjab’s Rajanpur and Dera Ghazi Khan.
“KSrelief has announced a major initiative to build 1,000 permanent houses for families in KP and Punjab who were displaced by the devastating 2022 floods,” the charity organization said in a statement. “This project is part of a broader series of public facilitation initiatives announced by KSrelief.”
All the houses will include two rooms, a kitchen and a washroom, with the aim of providing “safe and permanent” housing for around 7,000 people in the flood-hit regions of KP and Punjab.
The statement emphasized that KSrelief’s initiative will support the “recovery process” while enhancing the long-term well-being of affected communities.
Earlier this year in July, heavy monsoon rains triggered floods and landslides in KP and Punjab, resulting in nearly 250 deaths.
Pakistan is recognized as one of the world’s most vulnerable countries to the effects of climate change. This year, the country recorded its “wettest April since 1961,” with 59.3 millimeters of rainfall, while some regions faced a deadly heat wave in May and June.
KSrelief to construct 1,000 houses for flood-hit families of Pakistan
https://arab.news/6wgzm
KSrelief to construct 1,000 houses for flood-hit families of Pakistan
- 590 homes will be built in northwest KP while 410 in eastern Punjab provinces
- 2022 floods killed over 1,700 people and caused a loss of around $30 billion
World Bank president in Pakistan to discuss development projects, policy issues
- Pakistan, World Bank are currently gearing up to implement a 10-year partnership framework to grant $20 billion loans to the cash-strapped nation
- World Bank President Ajay Banga will hold meetings with Pakistan Prime Minister Shehbaz Sharif and other senior officials during the high-level visit
ISLAMABAD: World Bank President Ajay Banga has arrived in Pakistan to hold talks with senior government officials on development projects and key policy issues, Pakistani state media reported on Sunday, as Islamabad seeks multilateral support to stabilize economy and accelerate growth.
The visit comes at a time when Pakistan and the World Bank are gearing up to implement a 10-year Country Partnership Framework (CPF) to grant $20 billion in loans to the cash-strapped nation.
The World Bank’s lending for Pakistan, due to start this year, will focus on education quality, child stunting, climate resilience, energy efficiency, inclusive development and private investment.
"World Bank President Ajay Banga arrives in Pakistan for a high-level visit," the state-run Pakistan TV Digital reported on Sunday. "During his stay, he will meet Prime Minister Shehbaz Sharif and other senior officials to discuss economic reforms, development projects, and key policy issues."
Pakistan, which nearly defaulted on its foreign debt obligations in 2023, is currently making efforts to stabilize its economy under a $7 billion International Monetary Fund (IMF) program.
Besides efforts to boost trade and foreign investment, Islamabad has been seeking support from multilateral financial institutions to ensure economic recovery.
“This partnership fosters a unified and focused vision for your county around six outcomes with clear, tangible and ambitious 10-year targets,” Martin Raiser, the World Bank vice president for South Asia, had said at the launch of the CPF in Jan. last year.
“We hope that the CPF will serve as an anchor for this engagement to keep us on the right track. Partnerships will equally be critical. More resources will be needed to have the impact at the scale that we wish to achieve and this will require close collaboration with all the development partners.”
In Dec., the World Bank said it had approved $700 million in financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.
It followed a $47.9 million World Bank grant in August last year to improve primary education in Pakistan's most populous Punjab province.
