MANILA, Philippines - The Philippine government and the Asian Development Bank on Wednesday signed a $20 million grant to fund cash-for-work programs and reconstruction efforts in areas ravaged by super typhoon "Yolanda" (Haiyan).
The ADB said around 70 municipalities in the central Philippines will get "fresh support to jumpstart job opportunities and rebuild damaged infrastructure".
"We have laid the groundwork to immediately put this assistance to use in cash-for-work programs and restoring crucial infrastructure, such as water systems, solid waste collection, and fuel and power supply," said Claudia Buentjen, Principal Country Specialist in ADB’s Philippines Country Office, in a statement.
The $20 million grant is funded by the Japan Fund for Poverty Reduction. The funds will be used to support affected families through cash-for-work programs and help restore income to farmers and fisherfolk by providing seeds, fertilizers, fishing nets, and fishing boats.
The ADB said the funds will be disbursed in small grants of $1 million to $8 million to communities chosen in collaboration with local officials.
Funds will also be used to repair schools, build skills in masonry, and set up a system to monitor vulnerability to future disasters.
ADB has already provided a $3 million grant from its Asia-Pacific Disaster Response Fund, and approved a $500 million emergency loan to meet the national government meet immediate post-disaster costs.