BRAC, BRAC Bank donate Tk 100m for cyclone-hit families


FE Team | Published: May 31, 2024 00:16:32


BRAC, BRAC Bank donate Tk 100m for cyclone-hit families

BRAC has contributed Taka 70 million (7 crore) to the relief assistance fund titled 'Dakche Amar Desh' (Bangladesh is calling) and BRAC Bank PLC Taka 30 million (3 crore) for rehabilitation of the families affected by cyclone Remal, reports BSS.
This fund will be mobilised for emergency cash support so vulnerable families can procure essential food packages, as well as for rebuilding homes, water sources, and latrines and restoring livelihoods, said a BRAC press release.
"Cyclone Remal has left behind a trail of destruction. An estimated 35,000 houses along the coastal belt have been fully destroyed, and 115,000 houses have been partially damaged. Fisheries, livestock, and croplands have been washed away, affecting immediate and long-term livelihoods. Early estimates by BRAC suggest a long-term economic loss of BDT 1,500 crore," the release added.
Asif Saleh, executive director of BRAC, said, "Cyclone Remal has left millions of families in unbearable distress, damaging their homes, land, and sources of livelihood. Our frontline colleagues, community health workers, and volunteers are on the ground, supporting families in vulnerable conditions. The community needs both immediate relief assistance and long-term rehabilitation and rebuilding support. We are mobilising our own funds to start the immediate work. However, the need is much greater and requires collective, sustained efforts. We urge all sections of society, including generous individuals, private sector partners, and donor agencies, to come forward and join us."

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