Pakistan Requires Financial Reforms After Catastrophic Flood: World Bank

[Epoch-Times-Bot]

Pakistan Requires Financial Reforms After Catastrophic Flood: World Bank

Pakistan will need to implement economic reforms and international assistance to recover from the catastrophic floods that killed over 1,500 people and destroyed millions of homes, a World Bank official said.
Martin Raiser, World Bank vice president for South Asia, said on Sunday that Pakistan is in dire need of help from the international community.
Pakistan was hit by unprecedented floods last month, triggered by heavier-than-usual monsoon rains that began in June. More than 30 million people were affected, while crops and bridges were destroyed.
Victims of heavy flooding from monsoon rains stand beside their tents at a relief camp in Dasht near Quetta, Pakistan, Sept. 16, 2022. (The Canadian Press/Arshad Butt)
Raiser said the Pakistani government must take internal measures to revive its economy as citizens were already burdened by the high cost of power....

Source: Pakistan Requires Financial Reforms After Catastrophic Flood: World Bank

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