WB will provide $188m to support Pakistan's disaster resilience, ecosystem restoration initiatives

MG News | June 01, 2020 at 09:56 AM GMT+05:00

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June 01, 2020: The World Bank will provide 188 million dollars to Pakistan to support Islamabad's disaster resilience and ecosystem restoration initiatives.

In a press release issued yesterday, Spokesperson of Ministry of Climate Change Muhammad Saleem said that the financial assistance will help to improve reliable and timely weather forecasting, disaster risk management and to tackle growing environmental challenges.

The funding for an ambitious five-year ‘Pakistan Hydromet and Ecosystem Restoration Services project, will include during the financial year 2024-25.

An agreement to this effect will formally be signed in Islamabad today.

Radio Pakistan

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