World Bank approves $1.692 billion for rehabilitation in flood-hit Sindh

The World Bank approved on Tuesday $1.692 billion in financing for five projects to support people living in flood-affected areas of Sindh. Pakistan was lashed by unprecedented monsoon rains over the summer that put a third of the country underwater, damaged two million homes, and killed more than 1,700 people. Out of the projects announced by the World Bank today, three support rehabilitation, housing reconstruction, and the restoration of crop production for vulnerable communities, while the two projects support health services for mothers and children, a statement issued by the global lender said. “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,” it quoted World Bank Country Director for Pakistan Najy Benhassine as saying.