World Bank to provide $900m.ISLAMABAD, Aug. 13 -- The World Bank has agreed to assist Pakistan with an amount of US$900 million for relief and reconstruction work in the floods-hit areas.This was agreed in a meeting held here on Thursday between Finance Minister Dr. Abdul Hafeez Shaikh and World Bank's country director, Rachid Benmesssaound. In the meeting the scope of the Banks' support for the relief and reconstruction work with regard to the recent floods was also discussed. The finance minister impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: upon the country director, World Bank to immediately initiate damage needs assessment in the flood ravaged areas, upon which the country director assured that the process will start from next week. Published by HT Syndication See syndication format. with permission from The Statesman. For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com Copyright HT Media Ltd HT Media Ltd Founded in 1924 when its flagship newspaper Hindustan Times was inaugurated by Mahatma Gandhi, HT Media (BSE, NSE) has today become one of India's largest media companies. With a combined daily circulation of 2.25 million copies and a readership base of 14. . Provided by Syndigate.info an Albawaba.com company |
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