China announces $410m for flood victims

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ISLAMABAD – Chinese Prime Minister Wen Jiabao announced on Saturday a concessional loan of $ 400 million for the post-flood rehabilitation and an additional grant of $10 million for the flood-affected citizens’ compensation programme.
Speaking at the National Disaster Management Authority on Saturday, Jiabao said China would continue to help Pakistan in the post-flood rehabilitation in the affected areas China would provide assistance for the repair of damaged infrastructure and roads, he said.