Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

World Bank to give $213m to Balochistan govt for flood affectees

byCT Report
29/05/2023
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: In order to improve livelihoods and essential services and enhance risk protection in communities affected by the 2022 floods, the World Bank approved $213 million in financing for Balochistan.

World Bank Country Director for Pakistan Najy Benhassine said: “We will be working closely with the Government of Balochistan to support the affected communities by providing livelihood support and rehabilitating irrigation and flood protection infrastructures.”

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

“This will not only help restore livelihoods but also protect the population by improving their resilience to potential future climate-related disasters and natural hazards. This project is part of the comprehensive package of post-flood rehabilitation and resilient-reconstruction programme agreed with the authorities.”

According to a statement issued by the global lender, the Integrated Flood Resilience and Adaptation Project (IFRAP) will provide housing reconstruction grants to approximately 35,100 homeowners to rebuild their homes following resilience standards and livelihood grants to smallholder farmers to support livestock, promote climate-smart agriculture and other productive activities.

The financing will also help restore essential services by rehabilitating damaged infrastructure and facilities such as water supply, irrigation, roads, and community facilities.

Senior Water Specialist at the World Bank, Yoro Sidibe, said:“Balochistan is particularly vulnerable to natural disasters due to its geographical location, socioeconomic background, and climate change.”

“This project will help provide economic opportunities to the affected communities while ensuring social inclusion and participation. It will also strengthen institutional capacity in terms of preparedness and response to future disasters.”

The project will benefit approximately 2.7 million people in selected communities in calamity-declared districts across Balochistan. It will mitigate flood risks through a combination of resilient protection infrastructure, enhancing early warning systems, while ensuring that women have access to this system and disaster risk management information.

IFRAP will restore degraded watersheds and strengthen institutional capacity at both the provincial and local level.

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Pakistan moves firmly towards economic stability, sustainable growth: Spokesman

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.