AGL 40.31 Increased By ▲ 0.31 (0.78%)
AIRLINK 127.40 Increased By ▲ 0.36 (0.28%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.53 Increased By ▲ 0.02 (0.44%)
DCL 8.62 Increased By ▲ 0.07 (0.82%)
DFML 42.06 Increased By ▲ 0.62 (1.5%)
DGKC 87.72 Increased By ▲ 0.87 (1%)
FCCL 32.80 Increased By ▲ 0.52 (1.61%)
FFBL 65.01 Increased By ▲ 0.21 (0.32%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.50 Decreased By ▼ -0.07 (-0.06%)
HUMNL 14.81 Increased By ▲ 0.13 (0.89%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.85 Increased By ▲ 0.47 (1.14%)
NBP 59.70 Decreased By ▼ -0.71 (-1.18%)
OGDC 194.70 Increased By ▲ 4.60 (2.42%)
PAEL 28.25 Increased By ▲ 0.42 (1.51%)
PIBTL 7.79 Decreased By ▼ -0.04 (-0.51%)
PPL 152.30 Increased By ▲ 2.24 (1.49%)
PRL 26.65 Decreased By ▼ -0.23 (-0.86%)
PTC 16.11 Increased By ▲ 0.04 (0.25%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.59 Decreased By ▼ -0.12 (-1.56%)
TOMCL 35.42 Increased By ▲ 0.01 (0.03%)
TPLP 8.15 Increased By ▲ 0.03 (0.37%)
TREET 16.00 Decreased By ▼ -0.41 (-2.5%)
TRG 52.88 Decreased By ▼ -0.41 (-0.77%)
UNITY 26.45 Increased By ▲ 0.29 (1.11%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
BR100 9,957 Increased By 73 (0.74%)
BR30 30,952 Increased By 352.3 (1.15%)
KSE100 93,950 Increased By 594.7 (0.64%)
KSE30 29,109 Increased By 177.7 (0.61%)

Describing the need for assistance in earthquake-hit areas of NWFP and Azad Kashmir as "very urgent" and "grave", World Bank acting Vice President for South Asia region Dina Umali-Deininger on Thursday said the bank on its part was extending generous help to Pakistan to tide over the tragedy.
"The loss of life and destruction of infrastructure is just unimaginable," she stated this in her address to a large fund-raiser gathering held at the World Bank.
The event was organised by the Committee for Global Relief (CGR) in association with the School for Advanced International Studies (SAIS).
Besides Pakistan Ambassador Jehangir Karamat, those attending were Congressmen, diplomats from Sri Lanka, India and Afghanistan, WB officials, former diplomats Robin Rafel and Karl Inderfurth, academicians Dr Jessica Einhorn, and Dr Walter Andersen, former WB official Karl D. Jackson, and Theresa Rhodes, head of NGO, CARE.
Referring to the assistance extended by the World Bank, the official said besides the $470 million immediate support, the bank approved earlier Thursday a $200 million supplemental financing for the government of Pakistan. "An additional support of $270 million is expected to be presented to the board shortly - some time next week."
A five-minute video documentary on the massive October 8 earthquake in South Asia and its vast scale destruction in NWFP and Azad Kashmir, in particular, and some parts of Afghanistan and occupied Kashmir was watched, earlier, in pin drop silence.

Copyright Associated Press of Pakistan, 2005

Comments

Comments are closed.