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PAKISTAN EXPECTS US$250 MLN DROUGHT RELIEF PACKAGE.

AsiaPulse News

| June 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ISLAMABAD, June 1 Asia Pulse - The World Bank, the Asian Development Bank and the World Food Programme are expected to grant Pakistan a US$250 million drought relief package.

Sources in the multilateral agencies said that the losses caused by drought have been estimated at US$950 million.

Both the banks and WFP have said there was a serious need to finalise a special drought package with the "fiscal intervention" of the government.

One of the ADB missions currently visiting Pakistan has conveyed to the government that it was ready to make available considerable funds in ...

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Source: HighBeam Research, PAKISTAN EXPECTS US$250 MLN DROUGHT RELIEF PACKAGE.

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