ADB President announces emergency grants for flood relief across Southeast Asia and Sri Lanka

Asian Development Bank (ADB) President Masato Kanda yesterday announced that the ADB would provide immediate grant support of up to US $ 3 million to Sri Lanka, US $ 2 million to Thailand and US $ 2 million to Viet Nam, following the 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 Viet Nam can rest assured that the ADB will provide assistance to help save lives and rebuild communities. We will work quickly and cooperatively with the 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, which provides fast-tracked grants to the 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.

The ADB is a leading multilateral development bank supporting inclusive, resilient and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, the ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure and safeguard our planet. Founded in 1966, the ADB is owned by 69 members—50 from the region.