ADB approves $100 loan for Pak agriculture
ISLAMABAD: The Asian Development Bank (ADB) approved a 100-million-US-dollar loan on Monday to improve irrigation infrastructure and water resource management in Pakistan’s southwest Balochistan province.
The loan will help to address persistent water shortages in Balochistan’s farmland and increase earnings on farms, the ADB said. According to the statement, a dam able to hold 36 million cubic meters of water, 276 kms of irrigation channels and drainage canals will be constructed or upgraded, adding that about 16,592 hectares of land will be added or improved for irrigation in the province.
A water resources information system will also be established that will use advanced technology such as satellite and remote sensing to do river basin modelling and identify degraded land for rehabilitation, the statement added.
Agriculture accounts for almost two-thirds of Balochistan's economic output and employs 60 percent of the province's 13 million population. Frequent drought and poor water management has put the industry and related population at risk, according to the statement.
-
Kylie Jenner Reveals Real Story Behind Her 'The Moment' Casting -
Halsey Marks Fiancé Avan Jogia's Birthday With Emotional Note -
China: Stunning Drone Show Lights Up Night Sky Ahead Of Spring Festival 2026 -
Andrew's Epstein Scandal: Will King Charles Abdicate Following King Edward's Footsteps? -
Billy Joel Leaves Loved Ones Worried With His 'dangerous' Comeback -
Prince William Dodges Humiliating Question In Saudi Arabia -
Dax Shepard Describes 'peaceful' Feeling During Near-fatal Crash -
Steve Martin Says THIS Film Has His Most Funny Scene -
Kensington Palace Shares Update As Prince William Continues Saudi Arabia Visit -
Fugitive Crypto Scammer Jailed For 20 Years In $73m Global Fraud -
Will Andrew Mountbatten-Windsor Finally Go To Jail Now That King Charles Has Spoken Out? Expert Answers -
Melissa McCarthy Reveals Her Tried And Tested ‘corpse’ Night Time Routine That’s Lost Her 95lbs -
Horrifying Pictures Of The Kidnapper Of Savannah Guthrie's Mother Released -
Andrew's Ex-girlfriend Launches Brazen Attack On Epstein Victims On Piers Morgan Show -
Andrew Mountbatten-Windsor 'on His Own' As Palace Gives Green Light To Law Enforcement -
Kanye West's Tweet About Super Bowl Halftime Resurfaced After Bad Bunny's Show