Funds of 13 Billion will be Spent to Revive Karachi Infrastructure

Funds of 13 Billion will be Spent to Revive Karachi Infrastructure

Karachi: Sindh Information Minister Sharjeel Inam Memon said PKR 13 billion will be utilised to revive Karachi’s infrastructure, which was damaged because of the torrential monsoon.

In a press conference, the minister announced that the World Bank (WB) has approved providing PKR 6 billion for the restoration of the civic infrastructure of the city. He further emphasised that the provincial government would spend PKR 7 billion from its resources for restoration and development works.

Information Minister Memon noted that the District Municipal Corporation (DMC) and Karachi Metropolitan Corporation (KMC) had expedited the restoration of the main roads – damaged due to heavy rains – across the city. He stated it had drained 50% of the floodwaters from the calamity-hit areas.

Reportedly, the WB country director has supported the provincial government by providing PKR 110 billion for reconstructing houses for the flood affectees. The minister said that a committee would be set up to ensure transparency. Additionally, the WB has provided PKR 323 million to restart farming in the disaster-hit rural areas.

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