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$1m relief gift

Margaret Wise
Friday, April 20, 2012

THE Asian Development Bank is providing a $1million grant to government to help fund humanitarian and relief efforts in the west.

The bank said in a statement the assistance was in addition to an earlier grant of $1m provided to help mitigate the impact of the flood that swamped large areas of Fiji in late January.

The funds will be used to meet the basic needs of those affected, especially in relation to rehabilitation work and restoring essential services.

"The flood has destroyed lives, livelihoods and infrastructure. Providing emergency relief and restoring essential services to those affected should be a priority in the rebuilding process," said Adrian Ruthenberg, regional director of ADB's South Pacific subregional office.

He said initial damage assessments indicated losses to be more than $40m, with agriculture, roads, and water services the most affected.

ADB approved the grant under its Asia Pacific Disaster Response Fund facility.

Fiji received an emergency loan of $17.56m from the ADB in August 2009 to help rebuild damaged infrastructure and revive economic activity in rural areas badly affected by floods in January of that year.

The ADB, which is based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth and regional integration. Established in 1966, it is owned by 67 members รน 48 from the region.





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