Gilgit-Baltistan: Aga Khan Foundation, Bank Alfalah launch rehabilitation programme

ISLAMABAD: The Aga Khan Foundation, in partnership with Bank Alfalah, one of the leading commercial banks in Pakistan, has launched a rehabilitation programme to restore critical infrastructure and strengthen resilience in flood-affected communities across Gilgit-Baltistan. The initiative will be implemented in collaboration with Aga Khan Agency for Habitat, Focus Humanitarian Assistance, and Aga Khan Rural Support Programme. In this regard, an event was held here on Friday, which was attended by Salem Mohammed Alzaabi, Ambassador of the United Arab Emirates to the Islamic Republic of Pakistan, alongside senior leadership from Bank Alfalah and the Aga Khan Foundation. The gathering brought together key stakeholders from the development community, including the Asian Development Bank, Global Affairs Canada, the European Union, and Concern Worldwide, reflecting a strong, multi-partner commitment to advancing climate resilience and community rehabilitation efforts in the region. The programme follows the devastating impacts of the August 2025 monsoon floods, which triggered flash floods, debris flows, cloudbursts, and glacial lake outburst floods across the region. According to assessments, key community infrastructure—including drinking water supply systems, irrigation channels, bridges, and homes—sustained extensive damage, leaving many vulnerable communities without access to essential services. Copyright Business Recorder, 2026

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