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World Bank pledges $2 billion for flood-ravaged Pakistan

ISLAMABAD: The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,600 people this year, the largest pledge of assistance so far.

Unprecedented monsoon rains and flooding this year — which many experts attribute to climate change — have also injured some 13,000 people across the country since mid-June.

The floods have displaced millions and destroyed crops, half a million homes and thousands of kilometres (miles) of roads.

The World Bank’s vice president for South Asia, Martin Raiser, announced the pledge in an overnight statement after concluding his first official visit to the country Saturday.

“We are deeply saddened by the loss of lives and livelihoods due to the devastating floods and we are working with the federal and provincial governments to provide immediate relief to those who are most affected,” he said.

Raiser met with federal ministers and the chief minister of Sindh, the most affected region, where he toured the badly hit Dadu district.

Thousands of makeshift medical camps for flood survivors have been set up in the province, where the National Disaster Management Authority (NDMA) said outbreaks of typhoid, malaria and dengue fever have killed at least 300 people.

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