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(LEAD) Red Cross to provide US$320,000 for flood-hit N. Korea

2013/08/02 16:16

SEOUL, Aug. 2 (Yonhap) -- The international Red Cross has said it will provide North Korea with an emergency fund of US$320,000 to help flood victims in the communist country.

In a report posted on its website Thursday, the International Federation of Red Cross and Red Crescent Societies (IFRC) said it has allocated 299,744 Swiss franc from its disaster relief emergency fund "to help the DPRK Red Cross Society in delivering immediate assistance to 5,000 families or 20,000 beneficiaries."

   DPRK stands for the Democratic People's Republic of Korea, the North's official name.