Donors to help Bangladesh implement food security measures

News and Press Release
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DHAKA, Jul 14, 2008 (Xinhua via COMTEX News Network) -- The Asian Development Bank (ADB) and other development partners will provide 340 million U.S. dollars to help Bangladesh implement the social protection measures, particularly on food security, under the 2008-09 fiscal budget ( July 2008-June 2009).

"ADB will provide 170 million U.S. dollars and others a similar amount," ADB country director Hua Du was quoted by private news agency UNB as saying on Monday.

She told reporters here that ADB in collaboration with other development partners carried out a joint assessment on the food security issue in Bangladesh and committed to co-finance the program with the government.

Other donors includes the International Monetary Fund, the United States, the Food and Agriculture Organization of the United Nations, and the World Food Program.

The ADB country director said ADB along with other development partners would also support the country's National Food Policy to increase agriculture productivity in the medium and longer term.