Asian Development Bank prepares $3 million grant to support Myanmar earthquake relief

The Asian Development Bank (ADB) announced on Wednesday that it is preparing a $3 million grant to assist the people of Myanmar, who are grappling with the aftermath of a devastating 7.7 magnitude earthquake that struck the country on March 28.

The ADB’s Board of Directors is fast-tracking approval for a grant to be delivered through the UN World Food Programme (WFP) to provide urgent humanitarian aid. The funding will support food distribution and multi-purpose cash assistance, enabling survivors to buy essentials like drinking water, medical supplies, and shelter materials.

“The earthquake has further compounded the already dire humanitarian situation in Myanmar,” Winfried Wicklein, ADB Director General for Southeast Asia said in a statement by ADB. “We are deeply concerned by its impact on the people of Myanmar and are taking swift action to support emergency relief efforts.”