WB gives nod to $300m for projects in Sindh
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December 10, 2020
ISLAMABAD: The World Bank’s Board of Executive Directors on Wednesday approved $300 million in financing for two projects in Pakistan the Sindh Resilience Project and the Solid Waste Emergency and Efficiency Project.
These investments will bolster Pakistan’s efforts to build resilience to natural hazards such as floods and droughts in Sindh province, and will strengthen solid waste management in Karachi to tackle recurrent urban flooding and public health emergencies in the city.
“Building resilience to natural disasters and health emergencies is an important and urgent agenda in Pakistan, that will help save lives and protect the economy,” said Najy Benhassine, World Bank Country Director for Pakistan in a statement issued here.