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ADB approves 554-mln-USD package for Pakistan’s flood recovery efforts

ISLAMABAD, Dec. 12 (Xinhua) — The Asian Development Bank (ADB) has approved a 554-million-U.S. dollar financing package, including new and reallocated funds, to support recovery and reconstruction efforts in Pakistan, following this year’s devastating floods, as well as to strengthen the country’s disaster and climate resilience.

The financing will support the restoration of irrigation, drainage, flood risk man