Additional funds to repair roads affected by Cyclone Pam

PORT VILA, VANUATU – The Asian Development Bank’s (ADB) board of directors is providing $US8.2 million ($F16m) in total additional financing to continue the reconstruction, rehabilitation, and climate-proofing of roads affected by Cyclone Pam. The additional funding consists of a $US4.1m ($F8.3m) loan and a $US4.1m ($F8.3m) grant from ADB’s Ordinary Capital Resources and the […]

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