ADB, EU Promise Aid for Philippine Storm Victims

The Asian Development Bank has pledged 

 to support emergency relief efforts in the Philippines, where millions were affected by the worst flooding the country experienced in more than 40 years. The grant will be drawn from the bank's Asia Pacific Disaster Response Fund and will be spent to provide water, medicines and health services to flood-affected families in the country. The Philippines is also expected to receive 2 million euros (USD2.92 million) from the humanitarian aid department of the 

.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.