Pakistan has signed a $475 million loan agreement for flood relief with the Asian Development Bank (ADB), the country's economic affairs minister said on December 15, taking the total for the year to $2.7 billion with the agency. Floods caused by abnormal monsoon rains and a melting glacier submerged huge swathes of the country earlier this year and killed nearly 1,700 people, the majority of them children and women. To read the original story from Reuters, click here.
Pakistan Signs $475 Million Flood Loan Deal With Asian Development Bank
Women affected by the floods sit with their children suffering from malaria as they receive medical assistance at the Sayed Abdullah Shah Institute of Medical Sciences in Sehwan, Pakistan, on September 29.