ADB approves $500m in disaster financing for Pakistan
The Asian Development Bank (ADB) has approved contingent disaster financing (CDF) facilities totaling $500 million under its policy-based lending to help Pakistan to withstand and respond to disasters. The CDF will provide prompt budget support following eligible disaster events to help reduce the economic and fiscal impacts, according to press release received here Wednesday. Floods, […]
We haven't written up this one. Daily Times has the full story — the link below goes straight to it.
