The World Bank Has Agreed To Provide Pakistan $1.69 Billion To Help With Flood Relief

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In order to help those in Sindh province who have been impacted by recent flooding, the World Bank’s Board of Executive Directors authorised $1.692 billion in funding for five projects on Tuesday.

Three of the five initiatives, according to the WB statement, aid in vulnerable areas’ return to agricultural production, housing stability, and community resilience via rehabilitation and rebuilding. Two of the projects each have a value of $500 million, while the third has a value of $292 million..

“Sindh was the province worst-affected by the 2022 floods. There were huge damages to the housing, health, and agriculture sectors and people lost their livelihoods. Beyond the rehabilitation and reconstruction of damaged houses and infrastructure, our engagement in the flood response effort is an opportunity to strengthen resilience, and reform institutions and governance structures”, said Najy Benhassine, World Bank Country Director for Pakistan.

The $500 million “Sindh Flood Emergency Rehabilitation Project” will focus on providing short-term livelihood opportunities and strengthen the provincial government’s capacity to respond to disasters.

“The project will help restore and improve critical irrigation and flood protection infrastructure, water supply schemes, roads, and related infrastructure. At least 2 million people—approximately 50 percent of whom are women—in the most flood-affected districts will benefit from the restoration and the resilient reconstruction of critical infrastructure”.

Around one hundred thousand families will get temporary financial aid via a community-based cash-for-work initiative.

“The $500 million Sindh Floods Emergency Housing Reconstruction Project will support owner-driven and multi-hazard resilient reconstruction of core housing units. A housing subsidy will provide reconstruction and restoration grants for 350,000 housing units (almost 20 percent of the total housing rehabilitation needs for Sindh). Cash grants will be provided for houses with structural damage to partially finance reconstruction or restoration. “

Basic rainwater collecting systems and twin pit latrines will also be supplied to further facilitate the availability of potable water and sanitary facilities.

Meanwhile, the “Sindh Water and Agriculture Transformation Project” has been given $292 million to boost agricultural water productivity, enhance integrated water resources management, and help flood-affected farmers go back to work in the fields. The initiative is estimated to assist about 385,000 families, or over 1.9 million people. About 300,000 agricultural families will get cash transfers as part of the scheme as an urgent reaction to the floods, allowing them to buy seeds, fertiliser, and other necessary inputs to go back to work on their crops. Improved irrigation services and agricultural assistance will increase farming revenue for almost 70,000

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