SDC to provide $1.5m for disaster risk management fund | Islamabad | thenews.com.pk

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SDC to provide $1.5m for disaster risk management fund

Islamabad: The Embassy of Switzerland and the Asian Development Bank (ADB) signed an agreement on Monday to support the National Disaster Risk Management Fund (NDRMF), recently established by Pakistan to finance investments in disaster risk reduction and preparedness. Under this agreement, the Swiss Agency for Development and Cooperation (SDC) will provide US $1.5 million to the fund.

The Ambassador of Switzerland to Pakistan Thomas Kolly and SDC officials from Switzerland attended the exchange of documents between ADB Country Director Xiaohong Yang and Stefanie Burri, Head of International Cooperation, Embassy of Switzerland. SDC officials from Switzerland included Sabine Rosenthaler Sherman, Desk…

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