the world bank has approved a usd 400 million emergency credit for pakistan to help it in rehabilitation and reconstruction efforts in the quake-stricken areas, kuna quoted officials of the bank as saying in a statement on friday. the new package included 220 million dollars support for housing reconstruction, 85 million dollars each for livelihood support and import financing and 10 million dollars for capacity building. ))this credit will allow people to put their lives and homes back together,)) the world bank)s pakistan director john wall said in the statement. s he said the poor veople living in inaccessible mountain areas bore the brunt of the quake losing family members, their homes, assets and work, adding, ))this project will support these people rebuilding their houses and restore their livelihood through income transfer)) the credit carries a 10-year grace period and a maturity of 35 years, the statement said. it said reconstruction in quake hit regions could take many years and it would continue to provide assistance and support. the latest approved credit is the second under the one billion-dollar assistance announced by the bank following the october 8 eaxthquake. (end) --spa 19:51 local time 16:51 gmt nnnn
