PESHAWAR, 30 April: The Asian Development Bank (ADB) has announced Rs225 million for Peshawar rainstorm victims and people displaced due to military operations.

The announcement was made by ADB Country Head Werner Liepach during a meeting with Finance Minister Ishaq Dar in Islamabad yesterday.

Mr Liepach said the ADB is also keen to help Pakistan in its energy projects.

The finance minister said the government will create a Disaster Risk Fund on permanent basis.

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