AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Print Print 2023-11-06

$3bn projects approved for flood-hit areas

  • Ministry of Planning, Development and Special Initiatives approves 21 development projects
Published November 6, 2023

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has said that it approved 21 development projects costing US$3 billion for flood-affected areas after securing maximum pledges committed in Geneva for 2022 flood.

The Ministry of Planning and Development has stated that since the launch of Resilient, Recovery, Rehabilitation and Reconstruction (4RF) framework, the Central Development Working Party (CDWP) successfully approved 21 development projects worth $3billion for flood-affected areas.

The Ministry added that in January this year, Pakistan was made commitments of $ 10 billion from donors during the International Conference on “Climate Resilient Pakistan”, jointly hosted by Pakistan and the UN in Geneva.

Capacity issues hinder uplift projects in flood-hit areas: Foreign states, donors ready to finance $7.4bn

While making concerted efforts to implement the 4RF framework, the CWDP successfully approved 21 development projects which include Emergency Flood Assistance Project (EFAP) on Farm Water Management component worth $475million, Access to Clean Energy worth $47mm, DRR project for Rehabilitation, Reconstruction worth $31.28 million; Emergency Flood Assistance Project worth $8 million; Post-Flood 2022 Reconstruction Program: Resilience Enhancement and Livelihood worth $400 million; Sindh irrigated Agriculture Productivity Enhancement Project worth$ 8.30 million; Competitive & Livable City of Karachi worth $27 million; Sindh Flood Housing Reconstruction worth $500 million; Flood Emergency Rehabilitation Project Sindh worth $500 million; Sindh Water & Agriculture Transformation Project worth $98 million; KP Rural Accessibility Project worth $300 million; Khyber Pakhtunkhwa Irrigated Agriculture worth $11.70 million; KP Integrated Tourism Development worth $2 million; KP Human Capital Investment worth $25 million; Pakistan Hydromet and Climate Services Project worth $150 million; Crisis Resilience Institutions for Social protection (CRISP) program worth $73.14 million; Pandemic Response Effectiveness Program worth $2 million; Punjab Tourism for Economic Growth worth $2.80 million; Sindh Integrated Health and Women Empowerment worth $50 million; Polio Eradication Program worth $100 million and KP Food Security Support Project worth $100 million.

After the approval of CDWP and Executive Committee of the National Economic Council, these projects are being successfully executed by the respective provinces which include Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan funded by World Bank, Asian Development Bank ADB and Islamic Development Bank. Sindh and Balochistan were the most affected provinces in the flood of 2022.

On the other hand, the Federal Steering Committee (FSC) established to implement the projects has been actively working and three meetings of FSC were held for implementation of development projects in the flood–affected areas. The committee regularly asked the provinces about the implementation status of their respective projects.

Similarly, the first-ever exclusive Dashboard for 4RF to be operationalized by November 10 at the Planning Ministry to ensure real-time monitoring and provide information to the public as well development partners about the execution of development projects in the flood-affected areas.

Pakistan has been witnessing challenging impacts of climate change-ranging from devastating floods to prolonged droughts, from heat waves to melting glaciers. These changes pose immense threats to the country’s environment, economy, and the well-being of the people. Pakistan’s carbon emission is less than one per cent; however, it is among the countries that are most vulnerable to climatic disasters.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Muhammad Javaid Iqbal Nov 06, 2023 10:27am
This is appreciatable that government has earmarked huge amount on rehabilitation of flood affectees. Earnestly speaking this amount to be spent on down trodden strata of the society for blessings of Allah Almighty.
thumb_up Recommended (0)
Pakistani1 Nov 06, 2023 11:56am
Sindh which suffered the highest damage and destruction is mentioned after Punjab in the report. It would be beneficial if details for these vaguely listed projects are made public to inform the people what is being done and who will benefit.
thumb_up Recommended (0)
Arshad Nov 06, 2023 12:05pm
$2.9B will be flooded in the bank accounts of Corrupt Politicians......
thumb_up Recommended (0)
Tariq Qurashi Nov 07, 2023 12:27pm
If climate change is here to stay, then I am afraid floods and droughts are likely to become more common. Building back in the same place and in the same manner as before will guarantee that in the next flood the buildings and structures will be washed away again. The buildings should be built on higher ground, or on stilts, or on mounds that raise them above the flood level. All food storage should be in Silos above the ground and beyond flood levels. Roads should be raised on causeways. "Bunds" should be made and strengthened to protect villages and cities from flooding. An emergency plan to deal with the floods by opening and closing barrage gates, dams and canals at the appropriate times to minimize damage should be in place. Structures like bridges and dams can be designed and made to resist "once in a 100 year events" by spending about 10% more on their construction. In the long run this saves money. The NDMA needs to work on these emergency plans and act as a coordinating body.
thumb_up Recommended (0)
Cool boy Nov 07, 2023 12:32pm
Dams would be much cheaper but but who will buy imported fuels then? No one
thumb_up Recommended (0)