The World Bank is working closely with the Government of Pakistan and other development partners to respond to the flooding.
At the request of the Government of Pakistan the World Bank and Asian Development Bank are preparing to undertake Damage and Needs Assessment (DNA).
The Bank's support is focused on medium- to long-term reconstruction, but it is working closely with those providing humanitarian disaster relief.
The Bank has made immediately available a US $1.3 million grant to the government for rescue, relief and recovery operations through the Global Facility for Disaster Reduction and Recovery (GFDRR) to strengthen disaster management, conduct a post-disaster DNA, and support longer term disaster reduction.
The DNA validates the data provided by the government regards the impact of the disaster from a broad range of sectors and perspectives. It is therefore not a reconstruction plan although it will help inform and provide the basis for such a plan.
In addition, on August 5, the Bank announced the launch of a multi-donor trust fund to support critical reconstruction and peace-building initiatives in crisis-affected areas of Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas ( FATA) and Balochistan. The Fund was created at the request of the Pakistani government and will be administered by the World Bank. Here is a link to the press release: http://go.worldbank.org/737WJZ8CJ0
Until the DNA has been conducted, the Bank cannot estimate the extent of the flood damage and its impact on the Pakistani economy.