Dhaka, May 20 -- 20th May 2025:

The International Fund for Agricultural Development (IFAD) has approved a new US$70 million project to support rural communities in flood-prone and drought-prone regions adapt to environmental shocks and improve their livelihoods. Report UNB

The Climate Resilient Agriculture and Livelihood Enhancement Project (CRALEP) received formal approval at IFAD's 144th Executive Board session in Rome recently, IFAD said on Tuesday.

It will be implemented by the Local Government Engineering Department (LGED), under the Ministry of Local Government, Rural Development and Cooperatives, with oversight from the Economic Relations Division (ERD) of the Ministry of Finance.

With a target of reaching 1.34 million people a...