Multilateral Institutions

Japanese agency to give $2.5 million grant to restore livelyhood of 2500 Sri Lankan families

The Japan Fund for Poverty Reduction, administered by ADB, is extending a $2.5 million grant to provide cash-for-work and skills training for at least 2,500 families in five conflicted-affected districts in the north of the country. The grant will rebuild about 100 kilometers of rural access roads and 200 kilometers of field irrigation canals, and [...]



ADB $2 Billion Package to Help Pakistan Tackle Flood Devastation

The Asian Development Bank (ADB) is extending $2 billion to Pakistan for the rehabilitation and reconstruction due to floods. The floods have affected 20 million people and shattered the country’s physical infrastructure, including roads, bridges, power lines, housing, schools, medical facilities, irrigation installations and farm structures. The funds will be released in accordance with the [...]