INSUBCONTINENT EXCLUSIVE:
The Asian Development Bank (ADB) approved a $200 million emergency assistance loan for Sri Lanka, with funds repurposed from other ongoing
insecurity has severely affected the people of Sri Lanka amid the current economic difficulties
This assistance will expand direct financial support for the poor and vulnerable, boost livelihood development activities and agricultural
number of beneficiaries of the existing social assistance programs, including the Samurdhi subsidy program for low-income families, and
allowances for the elderly, persons with disabilities, and kidney disease patients
The project will also support, for at least 3 months, a temporary increase in the monthly value of food vouchers for pregnant and lactating
women to be replaced with cash grants, and extend support to undernourished children under the age of 2.To increase food production and
offset increasing agricultural production costs, the project will provide financial support for a maximum of 2 hectares of land cultivated
by each farmer in higher-yield zones during the upcoming cultivation season
restore livelihoods and enhance coping capacity and food security
The project will also upgrade information technology systems and digital tools for the Samurdhi program and agriculture and agrarian
development to enhance cash grant beneficiary selection, verification, monitoring, and communication, and improve financial, advisory, and
and Resilient Asia and the Pacific to support basic needs, such as food, hygiene kits, and medicines, of vulnerable women, children, elders,
and persons with disabilities in shelters and care homes and those at risk of being placed in institutional care
It will strengthen referral and support mechanisms for victims of gender-based and domestic violence
To promote advanced practices and technologies for precision agriculture and improved crop productivity among farmers, it will support the
resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty
This article first appeared/also appeared in https://adaderana.lk
