ADB extends grant to help fisheries sector

The Asian Development Bank (ADB) has approved a US$880,000 technical assistance grant for Indonesia to help the government formulate a better strategy for the country’s fisheries sector. The Manila-based lender said in a statement that the funds would be used to finance the drafting of a 10-year development blueprint for the sector, covering such issues as policy reforms, institution capacity building, resource management and eco-tourism.