The European Union European Union has announced a €160 million financial assistance package for Pakistan aimed at supporting post-disaster recovery and strengthening urban infrastructure.
According to officials, formal loan agreements are scheduled to be signed on April 28 between the European Investment Bank European Investment Bank and the Government of Pakistan.
The largest portion of the package, €100 million, will be allocated to support flood-affected communities in Sindh, with funding expected to contribute to the reconstruction of around 2.1 million homes for displaced families.
Officials said the initiative is intended to help restore housing infrastructure and support long-term recovery efforts in areas impacted by devastating floods.
In addition, €60 million has been earmarked for Karachi water infrastructure projects, including improvements to the city’s water supply system and measures to enhance water quality standards.
The project aims to improve access to clean drinking water for residents while strengthening urban water management systems in the metropolitan city.
Authorities said the financial support reflects continued cooperation between Pakistan and the European Union in addressing climate-related challenges, supporting recovery efforts and improving public infrastructure in vulnerable regions.
