The financial assistance will help strengthen Samoa, Tonga, and Tuvalu’s resilience to disasters.
ADB’s assistance will include loans worth US$3.1 million each to Samoa and Tonga. It will also include grants worth US$2.9 million each to Samoa and Tonga and $3 million to Tuvalu. All three grants are financed from the Asian Development Fund, ADB’s grant-based development financing vehicle. An ADB-supported US$2 million technical assistance grant will help the three countries implement priority resilience building activities and share their experiences.