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Government Inks Agreement with IOM for $581,010 Grant

Economic Tag: Foreign Aid

The Economic Relations Division (ERD) has signed a grant agreement worth $581,010 with the International Organization for Migration (IOM) to address climate-related displacements in Bangladesh. Titled ‘Pilot Assessment and Interventions to Avert, Minimize Displacement in Climate Stressed Districts of Bangladesh,’ the agreement aims to support activities by the Ministry of Disaster Management and Relief. The project’s objective is to tackle displacement issues through policy support, data, planning, capacity building, and community-based mechanisms. These interventions align with the country’s Five-Year Plan and Sustainable Development Goals (SDGs) regarding labor issues.

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