ADB OKs $8M for AIDS fight

The Asian Development Bank earmarked $8.17 million for 11 projects aimed at curbing the spread of HIV/AIDS in the region. The money is provided by a special grant fund that the Swedish International Development Cooperation Agency created last year. “Asia is in the path of the global Aids pandemic. With an estimated 8.3 million infected in the region, including about 1.1 million newly infected in 2005, the disease could prove devastating both socially and economically if its spread is not quickly checked,” a statement by the bank reads. Some of the projects involve developing a regional database on the disease and encouraging the participation of non-governmental organizations and community-based groups in HIV/AIDS prevention programs. (Source: ADB launches Aids package/Deutsche Presse Agentur)

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