| Submit your comments on this article |
| India-Pakistan |
| Givers try futilely to stem Pak rakeoff |
| 2010-11-16 |
| [The News (Pak)] The donors on Sunday unveiled a detailed report on Damage and Needs Assessment (DNA) during Pakistain Development Forum (PDF) meeting and asked the authorities concerned to put in place a transparent grievance mechanism. "The transparency builds trust and regularly monitors budgets, sets targets and monitors expenditures and results. There is also a need to ensure disclosure of information," the DNA report recommends. The Country Director of the Asian Development Bank (ADB), Rune Storem, made the DNA public, saying that the floods caused a total loss of $10.06 billion. "The reconstruction cost ranges from $6.8 billion to $8.9 billion depending which option Pakistain adopts to move ahead," Rune Storem said while addressing the session of the PDF here on Sunday. "The DNA recommends the authorities to conduct a census to identify different social groups and target support for vulnerable groups. There is also a need to develop a national rehabilitation policy for Internally Displaced Persons (IDPs)," the DNA report states. The losses faced by Sindh because of this flood stood at $4.4 billion and it required $3.1 billion for the reconstruction. The Punjab is the second worst affected province that faced $2.6 billion losses and required $1.3 billion for reconstruction. The Khyber-Pakhtunkhwa ... formerly NWFP, aka Terrorism Central... suffered $1.2 billion losses and required $2.2 billion and Balochistan's losses stood at $620 million and the maximum reconstruction cost was $684 million. |
| Posted by:Fred |
| #1 People who want to complain about Karzai's "corruption" in Afghanistan really need to take a look at Pakistan. It would make Karzai blush. This money is worse than the U.S. stimulus which was merely wasted. One-third will be stolen, one-third will go to terrorists, and one-third will be wasted. |
| Posted by: American Delight 2010-11-16 17:31 |