{"id":21702,"date":"2025-08-26T13:32:39","date_gmt":"2025-08-26T08:32:39","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=21702"},"modified":"2025-08-26T13:32:42","modified_gmt":"2025-08-26T08:32:42","slug":"imf-adb-push-for-disaster-insurance-in-pakistan","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/08\/26\/imf-adb-push-for-disaster-insurance-in-pakistan\/","title":{"rendered":"IMF, ADB push for disaster insurance in Pakistan"},"content":{"rendered":"\n

Pakistan faces billions of rupees in damages every year due to floods and other natural disasters, yet most development projects remain uninsured.<\/strong><\/p>\n\n\n\n

Global lenders, including the International Monetary Fund (IMF) and Asian Development Bank (ADB), have now urged the government to strengthen its insurance framework to reduce economic losses.<\/p>\n\n\n\n

Pakistan is ranked among the five most disaster-prone nations worldwide. Floods, earthquakes, and climate-related crises continue to strain the economy, leaving communities vulnerable and development gains at risk.<\/p>\n\n\n\n

Despite a robust banking sector, the country\u2019s insurance industry lags behind international standards, limiting its ability to cushion disaster impacts.<\/p>\n\n\n\n

According to Finance Ministry sources, the IMF has stressed the need to provide insurance cover for all new development projects. Without this safeguard, billions are lost annually to natural calamities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pakistan faces billions of rupees in damages every year due to floods and other natural<\/p>\n","protected":false},"author":1,"featured_media":21703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,215,19],"tags":[],"class_list":["post-21702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest","category-pakistan"],"yoast_head":"\nIMF, ADB push for disaster insurance in Pakistan - Rapid News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2025\/08\/26\/imf-adb-push-for-disaster-insurance-in-pakistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF, ADB push for disaster insurance in Pakistan - 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