Fundraiser visits flood projects in Pak

ISLAMABAD: The Pakistani community in Luton organised a major relief effort after the 2010 floods A fundraiser who worked with people in Luton to raise £100,000 for flood relief in Pakistan has visited projects the money has paid for. Luton fundraiser Bilal Hussein has visited Ajag Bagh on the north west frontier of Pakistan, hit by the floods in August 2010. He saw how Islamic Relief spent the money that was raised. The charity is working in three villages to restore homes and install sewage networks. Islamic Relief is aiming to expand its operation to 20 villages. Mr Hussein told the BBC: “Islamic Relief agreed to rebuild these homes… Also there is a good drainage and sewage system, so they won”t have the same problem again (with the scale of last year’’s flooding).” Habib Malik, of Islamic Relief, said: “The public in the UK have responded, even in a difficult time with the recession, again and again and again.” (Online)

Hoti turns down ADB’’s 650mn loan offer

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has turned down offer of lending up to US$ 650 million from Asian Development Bank for reconstruction of damaged irrigation, transport and education sectors due to 2010 floods keeping in view long term interests of the government and the people and stressed less reliance on foreign loans for betterment of economy and damages reconstruction. It merits a mention here that ADB, in connection with reconstruction of damages in aforementioned sectors, has shown interest in provision of loan worth US$ 650 million with one percent mark up for 32 years and finalization of procedural action till March 31. The Chief Minister stressed dependency on available resources and turned down the loan apparently carrying soft conditions. Keeping in view future financial constraints of the province, the Chief Minister bid adieu to the loan with thanks.

Saudi Arabia – The Biggest Donor for 2010 Flood Victims in Pakistan

I am sure most of our readers will not be aware of the fact that Saudi Arabia is the single biggest donor for the victims of 2010 Floods in Pakistan. Most of us thinks of United States as the one leading the effort while the reality is different. The reason for this is the massive

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