The Government of Pakistan and the Islamic Development Bank   signed financing agreements for the Sindh Flood Emergency Housing Reconstruction Project. This €188.7 million project by the Bank is a critical part of the recovery efforts following the devastating floods in 2022, aimed at rebuilding the affected communities in Sindh and providing much-needed climate-resilient housing facilities for families displaced by the floods.The Director of the IsDB Group Regional Hub Türkiye shared the Country Engagement Framework (CEF) Document, outlining the medium-term strategic directions and priorities of the IsDB Group's partnership with Pakistan up to 2025. The IsDB Group Country Engagement Framework is focused on: (1) boosting recovery; (2) tackling poverty and building resilience; and (3) green economic growth which is in line with Government of Pakistan’s vision and development priorities.        This project is  also co-financed by the World Bank. The project's ambitious goal is to construct 700,000 houses, benefiting an estimated 4.2 million people in rural areas. Additionally, it will support the creation of 75,000 water, sanitation, and hygiene facilities, significantly improving conditions for over 1.3 million individuals.Pakistan joined the IsDB on 12 August 1974 as a founding member.  The partnership has to date materialized in over 400 projects worth US$15.4 billion, spanning various sectors.  (ICE ISLAMABAD)

Fonte notizia: IsDB