« SouthAsiaBiz is Now 4 Months Old | Main | “Gandhi”: At last made and printed in India »

Jul23
Save Pakistan Soul (SPS): Will World Bank and ADB respond?

In order to reduce the flood damage, Pakistani government has planned to launch a “Flood Protection Program”. I am quoting from the report published in The Peninsula:

 

“The federal and provincial governments in Pakistan have agreed to launch a Rs30bn, or $500m, flood protection programme which will be completed over the next 10 years.

 

Sources here said yesterday that a meeting presided by the chairman of the Federal Flood Programme and attended by provincial irrigation secretaries, also decided to approach multilateral lenders like the Asian Development Bank and the World Bank to provide $200m for the programme.”

 

The main problem is, due to Pakistan’s bad performance last year, Pakistani officials are not sure whether World Bank and Asian Development Bank would provide them any monetary assistance.

 

Pakistan is not the only country that suffers from flood every year. It is a major problem in Bangladesh, India and other South Asian countries as well. There is another problem common among these countries and that is, bureaucratic complexity and procrastination. This is the main reason, that upset donors like World Bank and Asian Development Bank. If Pakistan really wants to procure money from ADB and WB, then it should try to finish its project within given time.  

 
Related Articles:

The Peninsula


1 Comments/Trackbacks




There is another problem common among these countries and that is, bureaucratic complexity and procrastination. This is the main reason, that upset donors like World Bank and Asian Development Bank.

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« SouthAsiaBiz is Now 4 Months Old | Main | “Gandhi”: At last made and printed in India »

Advertise

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    Know More Media - International Business

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    SouthAsiaBiz is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb