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Add to Preferred SourcesA fund set up to finance up to 70% of the cost of natural disasters-resilient projects is helping Pakistan enhance its resilience and reduce its socioeconomic and fiscal vulnerability to earthquakes and extreme weather events.
The Asian Development Bank assisted the Government of Pakistan set up the multi-donor National Disaster Management Fund with an initial contribution of $200 million.
Pakistan is a disaster-prone country with earthquakes, frequent floods, and other disasters caused by climate change.
Original source: ADB
Published on 13 December 2018