Last updated at: (Beijing Time) Tuesday, June 24, 2003
ADB Drafts Emergency Policy to Help Conflict-affected Countries
The Asian Development Bank (ADB) is drafting a comprehensive emergency policy to assist conflict-affected countries and strengthen links between postconflict operations and its overarching goal of poverty reduction.
The Asian Development Bank (ADB) is drafting a comprehensive emergency policy to assist conflict-affected countries and strengthen links between postconflict operations and its overarching goal of poverty reduction.
This was announced Tuesday by ADB in its Annual Report 2002 with a special theme chapter on "Rehabilitation and Reconstruction: ADB's Role in Afghanistan and the Region."
ADB has provided assistance for postconflict reconstruction of its developing members to reduce poverty that has been worsened by war and to avert the resumption of conflict.
"Postconflict reconstruction is about growth and poverty reduction to accelerate the transition from reconstruction to development, and to minimize the risk of resumed conflict," it added.
"Achieving these goals requires developing income-generating activities, providing safety nets, and improving governance and institutional capacity as well as human and social capital," the report said.
Afghanistan received assistance totaling 337 million US dollarsfor 2002 and 2003. In 2002, ADB provided 187 million dollars for the Postconflict Multisector Program, the first since lending was suspended in 1979, two technical assistance grants for 15.1 million dollars and three other grants for 22 million dollars funded by the Japan Fund for Poverty Reduction.
In 2003, ADB provided 150 million dollars for the Emergency Infrastructure Rehabilitation and Reconstruction Project to help restore damaged infrastructure such as primary roads, electric power transmission lines, and gas production, transmission, and distribution facilities.
The report also said ADB created and strengthened bilateral and multilateral partnerships in 2002 as it stepped up the fight against poverty in the Asia and Pacific region.