India, Dec. 13 -- MANILA - The Asian Development Bank (ADB) and the Government of Timor-Leste today signed a $3 million grant agreement to support the Workforce Skills Development Project in Timor-Leste, which aims to strengthen the country's technical and vocational education and training (TVET) system, better aligning it with labor market needs and supporting inclusive economic growth for poverty reduction.

The grant is financed by the Japan Fund for Prosperous and Resilient Asia and the Pacific, funded by the Government of Japan through ADB. The agreement was signed in Dili by Minister of Finance Santina Viegas Cardoso and ADB Country Director for Timor-Leste Stefania Dina. The signing ceremony was attended by Ambassador of Japan to Tim...