According to World Bank, the Damage Need Assessment (DNA) focuses on estimating three types of costs: direct damage, indirect losses and reconstruction costs. - File Photo
ISLAMABAD The Asian Development Bank and World Bank agreed on Wednesday to carry out a 'Damage and Needs Assessment (DNA)' of floods in the country in accordance with a request of the government.

“This is the fourth DNA that the ADB and WB are jointly conducting in Pakistan in close collaboration with the Economic Affairs Division, but this one is unique given the scale of devastation and geographical spread of the calamity,” said Rune Stroem, ADB's country director for Pakistan.

If there is no fresh wave of flooding the data collection and its compilation may continue uninterrupted and the assessment is expected to be completed by mid-October.

“The World Bank has completed numerous DNAs worldwide in collaboration with other key financing and donor institutions such as the ADB and we will be bringing that experience to bear on this DNA, which is going to be a challenge considering the enormity of the disaster,” said Rachid Benmessaoud, World Bank's country director for Pakistan.

“The ADB and WB will collaborate with UN and other key donors through participation and sharing of information.”

According to a WB press release, the DNA focuses on estimating three types of costs direct damage, indirect losses and reconstruction costs.

DNAs are generally conducted in the shortest possible time immediately after a natural disaster to provide the government and the international community with a credible assessment of the extent of the damage and an estimate of the cost to reconstruct and rehabilitate the damaged infrastructure and services.

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...