4 years ago

ADB provides $1.34m to prevent skills trainees’ drop out

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The Asian Development Bank (ADB) has provided $1.3 million financial assistance to Bangladesh to prevent the trainees from dropping out of the ongoing training under ‘Skills for Employment Investment’ programme (SEIP), reports BSS.

The SEIP is providing sector-focused and job-ready skills training through partnerships with public institutes, industry associations and other
organisations, covering skills requirements in 10 industry sectors, said an ADB press release on Thursday.

“Each of the 22,619 current trainees will get BDT 5,000 as one-time assistance,” said ADB Country Director for Bangladesh Manmohan Parkash.

He said the COVID-19 pandemic has caused adverse impacts on the trainees’ livelihood and this assistance will help the trainees to continue their
training as they are from poor households and chances of their dropping out are high due to the prolonged COVID-19 lock down.

“We have requested the Government to transfer the money timely to the trainees through their bank accounts”, Country Director Parkash added.

The assistance is additional to the $350,000 emergency grant approved on March 27, and other ADB support package being put together in the health and financial sectors for tackling Covid-19 challenges in Bangladesh.

The release said ADB has announced measures to help its developing member countries tackle the Covid-19 pandemic. On March 18, 2020, ADB announced a $6.5 billion initial package to address the immediate needs of its developing member countries as they respond to the COVID-19 pandemic.

An emergency grant of $350,000 was approved on March 27 to support Bangladesh to procure health safety materials including personal protective
gears, N95 masks, safety googles, aprons, thermometers, and biohazard bags.

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