The Eurasian Development Bank (EDB) will provide funds to help with the consequences of the Kazakh flood, according to bne IntelliNews.
This year’s flooding in several regions of Kazakhstan was the largest natural disaster in the country over the past 80 years. Nikolai Podguzov, Chairman of the EDB Management Board, stated:
Realising the importance of the situation in Kazakhstan, we have provided financial assistance in the amount of $1 m to support the regions affected by the flooding.
In March, the Kazakh flood destroyed villages and carried away livestock. The country is aware of water runoff when spring arrives. This year, however, was a shock for Kazakhstan. Bridges collapsed, whole sections of highways fell under water, and hundreds of houses became uninhabitable.
Moreover, many were left without running water and household gas. At least three people are believed to have died.
The floods, which began earlier this month, affected at least seven regions, affecting the north the most. The Emergency Situations Ministry stated that rescuers had evacuated more than 111,000 people.
Entire government buildings, schools, and hospitals were submerged in several regions. Additionally, flooding engulfed more than 1,000 houses.
Earlier, a spokesperson in the Kazakh ministry stated they were monitoring the situation in the Russian city of Orsk and water levels in the Ural River, which flowed through Orsk and Kazakhstan, then into the Caspian Sea.
Both countries had been battling the rising waters for more than five days and declared a state of emergency. At the time, Russia stated that the worst of the flooding was still to come in some parts of the Ural and Siberian regions.
