ADB approves 6-mln-USD grant to Timor-Leste-Xinhua

ADB approves 6-mln-USD grant to Timor-Leste

Source: Xinhua

Editor: huaxia

2024-12-13 10:36:45

MANILA, Dec. 13 (Xinhua) -- The Asian Development Bank (ADB) said Friday it has approved a 6-million-U.S. dollar grant to Timor-Leste to help it improve climate resilience, water and food security, and livelihood opportunities for rural communities.

As part of the grant, the Rural Resilience and Livelihood Improvement Sector Project vows to help rural communities that rely predominantly on agriculture and have limited livelihood and income-generating opportunities.

The project, with a total cost of 16.6 million dollars, aims to improve access to water and the productivity of farms and agroforestry through climate-smart approaches, enhance market linkages, and develop diversified livelihood opportunities.

The project is expected to support about 46,000 people in the rural areas of Manatuto municipality.