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p. 3 of 3 BACK | NEXT I. Background and Rationale II. The Poverty Reduction Cooperation Fund III. Recommendation

Cooperation with the Government of the United Kingdom and Northern Ireland Poverty Reduction Cooperation Fund

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III. Recommendation

25. It is recommended that the Board approve (i) the establishment of the proposed cooperation fund and its administration in accordance with the provisions set forth in this paper; and (ii) ADB entering into a Memorandum of Understanding on the Establishment of the Poverty Reduction Cooperation Fund with the Government of the United Kingdom in relation to its contribution to the PRF substantially in the form of the draft attached hereto.

Back II. The Poverty Reduction Cooperation Fund	Cooperation with the Government of the United Kingdom and Northern Ireland Poverty Reduction Cooperation Fund