Model for effective disaster financing strategies proposed

ISLAMABAD: The Asian Development Bank has proposed a risk-layered structure to stimulate, develop and implement financially sustainable and scalable disaster risk financing strategies and solutions to enhance the enabling environment for epidemic and pandemic risk financing.

The ‘Country Diagnostics Assessment: The Enabling Environment for Epidemic and Pandemic Risk Financing in Pakistan’ report says the coronavirus disease pandemic tested Pakistan’s financing capacity, resulting in a long-lasting and severe impact on the economy...