Thursday, September 2, 2010

World Bank boosts Pakistan aid to $1bn












Source: Press TV
http://www.presstv.ir/detail/140941.html


As funding for flood-devastated Pakistan has almost stalled, the World Bank has boosted its support to one billion dollars from 900 million dollars.

The World Bank said in a statement on Wednesday that it has made the funding available to finance immediate recovery needs and longer-term reconstruction.

World Bank President Robert Zoellick also said the flood-hit Pakistan needs the world's support to meet urgent humanitarian needs.

Meanwhile, Manuel Bessler, head of the UN coordination agency, said the funding had been almost stalled since the beginning of last week.

The Pakistani government announced that the country had suffered losses of about 43 billion dollars because of the floods.

Heavy monsoon rains triggered the natural disaster, affecting 30 percent of agricultural land and more than 10 percent of the population.

According to the United Nations, more than 18 million people have so far been affected.

United Nations Children's Fund Executive Director Anthony Lake said the disaster has affected nearly 8.6 million children.

Pakistan's government has confirmed 1,645 people dead and 2,479 injured but officials warn that millions are at risk of fatal diseases and food shortages.

No comments:

Post a Comment

Thanks for commenting on this post. Please consider sharing it on Facebook or Twitter for a wider discussion.

Russian / Ukraine War - (Mar 08th, 2024)

How the Ukraine War Changed the World - (Mar 01st, 2024)

Redacted - Egypt's betrayal of Palestine - Vanessa Beeley

CrossTalk | Magical thinking - (Feb 28th, 2024)

Hillary Clinton Interrupted & Called Out in Berlin

We don’t want war with Israel, but if they impose it on us, we are ready – Hezbollah

ICJ delivers ruling in favour of South Africa

ICJ ruling | Court stops short of ordering Gaza ceasefire, demands that Israel prevent genocide

South Africa's Closing Argument Against Israel for Genocide at the ICJ

Wider Middle East war. US, UK strike Yemen

U.S., UK Start Another Unwinnable War In Yemen

Geopolitical Storm Brewing from Palestine to Ukraine

How the US Global Order is Challenged - With Pepe Escobar (Nov 20, 2023)

Shahid Bolsen - Message to the Israeli people

Roger Waters - To Whom It May Concern: Please Stop.

US policy slowing down China's economy w/ Jeffrey Sachs

Max Blumenthal s destroys RFKJr's outrageous Israelí Propaganda

Totalitarianism, Censorship and Syria with Peter Lavelle, Vanessa Beeley & Kevork Almassian

Putin shows treaty on Ukraine’s neutrality, signed by Kiev but dumped under Western pressure

Assad's speech at the Arab League Summit - what it means for the future of the region

Assad returns to Arab League

HUGE China brokered deal, Iran & Saudi Arabia restore diplomatic ties

Nord Stream pipeline & sabotaging peace w/Jeffrey Sachs

The Tragedy of Ukraine

Historical Events that Led to the Start of the Ukraine Conflict

Your Wars Will Destroy the Planet - Roger Waters

Healthy Athletes suffer Heart Problems After Getting the Jab