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June 03, 2020

ADB to provide US$3m for flood relief

The Asian Development Bank will provide Myanmar with US$3 million to assist flood relief efforts, according to an ADB press release issued on Tuesday.
“ADB is committed to assist Myanmar in these difficult times,” ADB President Takehiko Nakao said.
“It is important to link the relief and early recovery phase with the longer term rehabilitation plans, and ADB will support Myanmar in this effort.”
In a letter to Myanmar’s President U Thein Sein earlier this month, Mr Nakao expressed his condolences to those who lost their lives or livelihoods as a result of the flash floods that began in late July.
According to the press release, the grant will be issued from ADB’s Asia Pacific Disaster Response Fund, which was set up to meet priority needs and restore live-saving services to communities affected by natural disasters.
Mobilising new resources and adjusting existing programs for the rehabilitation and reconstruction of damaged infrastructure and affected livelihoods will be also considered, said the release.
It added that ADB’s efforts are geared towards supporting the Government of Myanmar at the national and state/regional levels and that it works in close coordination with the development community.
Heavy monsoon rains in late July caused severe flooding, landslides, and wind damage across most parts of the country. Over 1.6 million people are estimated to have been affected by the disaster, which has destroyed farmland, roads, railroads and bridges. The government has declared natural disaster zones in Chin and Rakhine states, as well as in Magway and Sagaing.


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