Balochistan flood project ‘downgraded’ by World Bank over housing cap

ISLAMABAD: The World Bank has formally downgraded implementation progress on a $245 million flood rehabilitation project in Balochistan to ‘moderately unsatisfactory’, mainly after the government decided to cap beneficiary coverage for resilient housing. “Progress remains uneven and continues to affect implementation,” said the Washington-based multilateral lending agency in its public disclosure, dated Aug 12, on the Integrated Flood Resilience & Adaptation Project (IFRAP), while downgrading...

By none@none.com (Khaleeq Kiani)