30 May 2024

Cyclone Remal: BRAC, BRAC Bank contribute Tk 100m as relief assistance

By Redoy K

BRAC and BRAC Bank have contributed Tk 100 million as relief assistance for the victims of Cyclone Remal. BRAC has allocated Tk 70 million (Tk 30 million from its own funds and Tk 40 million from staff salaries), while BRAC Bank has contributed Tk 30 million. The funds will be used to provide emergency cash support for essential food packages, rebuilding homes, water sources, latrines, and restoring livelihoods in the cyclone-affected areas. BRAC estimates that over 35,000 houses were fully destroyed, and 115,000 were partially damaged by Remal. AFP