ISLAMABAD: The Asian Development Bank (ADB) has approved a loan of 400 million dollars for Pakistan.
According to the statement issued by ADB, the loan amount of 400 million dollars will be spent for the rehabilitation and relief of the flood victims in Sindh. The money will be used for Sindh Emergency Housing Project.
ADB further says that the project will help in rebuilding the houses of the flood victims. Two and a half lakh flood victims will be provided with cash assistance for building houses.