Asian Development Bank (ADB) President Masato Kanda on Wednesday (3) announced that ADB will provide immediate grant support of up to $ 3 million to Sri Lanka; $ 2 million to Thailand; and $ 2 million to Vietnam, following requests for support from the Governments.
“I am deeply saddened by the suffering caused by these devastating floods,” said Kanda. “The Governments and people of Sri Lanka, Thailand, and Vietnam can rest assured that ADB will provide assistance to help save lives and rebuild communities. We will work quickly and cooperatively with Governments to bring shelter, comfort and hope to those affected by these terrible events.”
The grants will support emergency and humanitarian efforts, and will come from the Asia Pacific Disaster Response Fund (APDRF), which provides fast-tracked grants to developing member countries for life-saving purposes in the immediate aftermath of major disasters triggered by natural hazards.
Flooding has caused extensive loss of life and damage to property and infrastructure across South and Southeast Asia.
