ADB announces $3m emergency grant for flood-hit Pakistan

Asian Development Bank (ADB) has announced a $3 billion emergency grant for the flood-hit Pakistan. According to details that surfaced on Friday, ADB President Masatsugu Asakawa has made the decision to provide the grant to Pakistan in these testing times. 

Earlier on Wednesday, the Gates Foundation, established by Microsoft founder Bill Gates, has pledged $1 million in aid to Pakistan flood victims. According to details surfaced on Wednesday, the foundation will provide this support through the World Health Organization (WHO), which will allocate the funds to deliver medical assistance to 465,000 affected individuals across 33 flood-affected districts in all four provinces.

WHO Pakistan representative Dr Daping Luo expressed gratitude to the Gates Foundation for the timely aid. He emphasised that WHO remains committed to protecting human lives in Pakistan. Dr Luo recently visited flood-hit areas and highlighted the intensifying monsoon rains linked to climate change, which have led to a sharp increase in natural disasters.