Cabinet Nod for $ 200 Mn ADB Post-Cyclone Loan 📉

• Overall Facility: Approved signing financial agreements with ADB for a US$ 200 Mn facility under the Post-Cyclone Reconstruction and Livelihood Support Project. • Funding Structure: • US$ 100 Mn from ADB concessional General Capital Resources. • US$ 100 Mn from ADB regular General Capital Resources. • Targeted Impact: Supports recovery following Cyclone Ditwah with focus on: • Rehabilitation of road infrastructure. • Reconstruction of damaged irrigation systems. • Restoration of housing and livelihoods for affected families.