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Wednesday November 16, 2022

WB to Provide Support Worth $1.3b to Flood-hit Farmers

ISLAMABAD: The World Bank will provide a financial support of 1.3 billion dollars for emergency, agriculture and housing relief to the farmers in flood affected areas of Pakistan.                             

This was stated by World Bank’s Regional Director for Sustainable Development John A Roome while talking to Minister for National Food Security and Research Tariq Bashir Cheema in Islamabad on Wednesday.

John A Roome said the Bank will provide financial support to subsidize urea for farmers in flood affected areas.

Speaking on the occasion, the Minister said recent floods and rains have resulted in colossal losses of the farming community and the government is trying its best to compensate them.

Appreciating the support extended by World Bank for flood relief and rehabilitation of farmers, Tariq Bashir Cheema said relief to farmers community will help in achieving food security.

The meeting was briefed that Benazir Income Support Program database will help identify farmers for targeted subsidy.

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