NDRMF approves Rs. 4.9 billion 10 projects for disaster risk reduction worth
The total cost of these approved projects is Rs. 4.925 billion, out of this NDRMF will finance Rs. 3.606 billion (73.23pc) through a grant.
For disaster risk reduction, NDRMF (The Board of Directors of the National Disaster Risk Management Fund) has approved the initiation of 10 projects. The cost of these will be Rs. 4.9 billion, including grant financing of Rs. 3.6 billion.
A board meeting, under the supervision of Naveed Kamran Baloch, Finance Secretary, was held on Monday. It was attended by Asian Development Bank’s Country Director Ms. Xiaohong Yang, Additional Secretary Economic Affairs Zulfiqar Haider Khan, NDRMF’s Chief Executive Officer retired Lt Gen Nadeem Ahmed and Secretary Climate Change Hassan Nasir Jamy.
As per an official statement, these projects will be applied by irrigation departments of Punjab, Gilgit-Baltistan, Sindh, Provincial Disaster Management Authority, Sindh, the Communication and Works Department of Azad Jammu and Kashmir, Rescue 1122 Gilgit-Baltistan, Pakistan Meteorological Department, Pakistan Poverty Alleviation Fund and Muslim Aid Pakistan.
These projects will cover Flood Protection Works, Tsunami & Earthquake:
These projects will cover Flood Protection Works, Tsunami & Earthquake Early Warning System, Landslide Control Management, Emergency Response Services, Weather Radar System, Drought Mitigation and Community-based Disaster Risk Management.
The total cost of these approved projects is Rs. 4.925 billion, out of this NDRMF will finance Rs. 3.606 billion (73.23pc) through a grant. The remaining 26.77pc contribution will be made available by government and non-government bodies.
These projects are aimed to protect the fragile and vulnerable communities, while at the same time strengthening Pakistan against climatic and natural hazards.
Rs. 2.5 billion have been approved for disaster risk reduction schemes, earlier in 2019. This makes a total of new projects that are launched this year to be more than Rs. 7.5 billion.
The projects are being implemented by the National Disaster Management Authority, Punjab Irrigation Department, Islamic Relief Pakistan, Pakistan Red Crescent Society and a joint project of Aga Khan Foundation and Aga Khan Planning & Building Services. These projects focus mainly on the reduction of disaster risk and prepare the country against natural disasters.
NDRMF has been initiated with the help of many international agencies and major support of ADB to help authorities build infrastructure that is irrepressible, hence reducing the socio-economic and fiscal vulnerability of the country. This will protect the population from climate change, natural hazards and much more.
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