Staff Reporter:
The ‘NGO-Microfinance Institution (MFI) Resourced Pooled Fund’ was launched in Bangladesh to strengthen locally led humanitarian financing and make disaster response activities more effective, inte-grated and sustainable.
Local Government, Rural Development and Cooperatives Minister Mirza Fakhrul Islam Alamgir attend-ed the national launching ceremony as the chief guest at a city hotel yesterday, according to a handout issued yesterday.
Speaking at the event, the minister said there is no alternative to public-private partnership in ensuring rapid and effective humanitarian assistance at the local level in disaster-prone Bangladesh.
He expressed hope that the new fund would play an important role in enhancing the disaster response capacity of marginalized communities and accelerating emergency assistance activities across the coun-try.
Representatives from different international organizations, development partners, NGOs and officials of microfinance institutions were present at the program.
