{"id":89165,"date":"2022-10-06T14:43:52","date_gmt":"2022-10-06T09:43:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89165"},"modified":"2022-10-06T14:43:58","modified_gmt":"2022-10-06T09:43:58","slug":"adb-usd-2-5-bn-relief-flood-affectees","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-usd-2-5-bn-relief-flood-affectees.html","title":{"rendered":"ADB to provide USD 2.5 bn for relief, rehabilitation of flood affectees"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) on Thursday (October 5) announced a relief and rehabilitation package of USD 2.5 billion for the relief and rehabilitation of flood affectees in Pakistan, news sources reported.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/adb-flood-rehabilitation-pakistan.html\" data-type=\"post\" data-id=\"88821\" target=\"_blank\" rel=\"noreferrer noopener\">ADB announces short and long-term flood rehabilitation programme for Pakistan<\/a><\/p>\n\n\n\n<p>The announcement was made during a meeting between Finance Minister Ishaq Dar and ADB Country Director for Pakistan Yong Ye. According to Yong Ye, of the total aid offered, USD 1.5 billion will be<a href=\"https:\/\/www.zameen.com\/news\/balochistan-digitize-land-revenue-records.html\" data-type=\"post\" data-id=\"88863\" target=\"_blank\" rel=\"noreferrer noopener\"> allocated to the Balochistan <\/a>Rural Development and Community Empowerment Programme (BRDCEP), while the remainder distributed among other provinces. Director Ye stated that the final proposal for issuance of the funds will be presented to the bank&#8217;s board of directors this month.<\/p>\n\n\n\n<p>The ADB envoy informed Dar about the ongoing development projects under the ADB 2021-25 Partnership Programme. It was revealed that the bank is working on initiatives in a variety of sectors, including social protection, food security, and energy.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-repurposing-usd-300-mn-flood-victims.html\" data-type=\"post\" data-id=\"88549\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank announces repurposing USD 300 mn for flood victims<\/a><\/p>\n\n\n\n<p>It is important to mention that ADB has already disbursed USD 3 million for the rescue and relief operation during the monsoon season. The bank has also announced a comprehensive short and long-term rehabilitation and relief plan for the flood-hit areas of Pakistan. Under the programme ADB will help the government rehabilitate 33 million people and invest in sustainable projects in the long-term.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) on Thursday (October 5) announced a relief and rehabilitation package of USD 2.5 billion for the relief and rehabilitation of flood affectees in Pakistan, news sources reported.\u00a0\u00a0\u00a0 Read: ADB announces short and long-term flood rehabilitation programme for Pakistan The announcement was made during a meeting between Finance Minister Ishaq Dar and ADB Country Director for Pakistan Yong Ye. According to Yong Ye, of the total aid offered, USD 1.5 billion will be allocated to the Balochistan Rural Development and Community Empowerment Programme (BRDCEP), while the remainder distributed among other provinces. Director Ye stated that the final proposal for issuance of the funds will be presented to the bank&#8217;s board of directors this month. The ADB envoy informed Dar about the ongoing development projects under the ADB 2021-25 Partnership Programme. It was revealed that the bank is working on initiatives in a variety of sectors, including social protection, food security, and energy.\u00a0\u00a0 Read: World Bank announces repurposing USD 300 mn for flood victims It is important to mention that ADB has already disbursed USD 3 million for the rescue and relief operation during the monsoon season. The bank has also announced a comprehensive short and&hellip;<\/p>\n","protected":false},"author":84,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54380,54382,54381],"persona":[],"class_list":{"0":"post-89165","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-adb-flood-relief","9":"tag-flood-in-unjab","10":"tag-flood-relief-victims","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB to provide USD 2.5 bn for relief of flood affectees- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Development Bank (ADB) on Thursday (October 5) announced a relief and rehabilitation package of USD 2.5 billion for the relief and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/adb-usd-2-5-bn-relief-flood-affectees.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB to provide USD 2.5 bn for relief of flood affectees- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Development Bank (ADB) on Thursday (October 5) announced a relief and rehabilitation package of USD 2.5 billion for the relief and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-usd-2-5-bn-relief-flood-affectees.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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