Revised Emergency Assistance Loan Policy

The revised emergency assistance loan (EAL) policy emphasizes rapid approval of loans to help rebuild high-priority physical assets and restore economic, social, and governance activities after disasters and emergencies. Key changes to the EAL include (i) allowing flexibility to ensure a realistic processing time frame and providing additional resources for project preparation, (ii) supporting reconstruction under EALs, (iii) defining clear implementation timelines, and (iv) retiring the quick-disbursing component.

 

 
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Source URL: https://www.adb.org/documents/revised-emergency-assistance-loan-policy