LIFT Forum: Strategy Launched For Next Five Years

12 June 2019
2019-06-12 14:09

Livelihoods and Food Security Fund (LIFT) marked its ten years of work in Myanmar and launched the strategy for 2019-2023 at a forum in Nay Pyi Taw on Tuesday.

LIFT Fund is a multi-donor trust fund and it was established in Myanmar in 2009.

Since 2010, LIFT has been operating in the areas of agriculture, livelihood, microfinance, nutrition and migration with the total funding of 509 million US dollars.

Director, LIFT Fund, Katy Webley said " We work on stunting which is when children are short for their age as a result of chronic malnutrition. We've ensured that more people have access to savings and credit. We've ensured that migrants that they move on delta and the area in Yangon has access to better employment and better wages. And we work for farmers across all the country that to improve the technique, to promote mechanization and to improve their own income from farming."

Over a span of ten years, LIFT has financed a total of 183 projects through the support of more than 60 implementing partners.

Team Leader, Hunger, Vulnerability and Resilience Team (DFID), Dr. Joanne Raisin said " Since 2012, the UK Government has provided over 250 million dollars to the LIFT Fund to support over 11 million people here in Myanmar.... LIFT is important part of what we do here in Myanmar. We will continue to support LIFT. We also support the access to health fund which support Government rolling out health care here in Myanmar. We will be looking for new areas of what work on climate change resilience."

LIFT has reached to 11.6 million people in rural and peri-urban households, provided better food security for 2.2 million people as well as microfinance access to 2.6 million people. LIFT also helped increase the resilience of around six million people in Myanmar.

LIFT plans to continue to achieve the benefits for rural people through the launch of a new strategy for next five years.

Director, LIFT Fund, Katy Webley said " We are launching a strategy for next five years 2019-2023. We have some key strategic shifts which include the increased focus on conflict affected areas, working on inclusion, social cohesion, increasingly working with displaced people and working on policy reform, working closing with civil societies and the private sector"

The LIFT Forum will be held in Nay Pyi Taw for three days from 11th to 13th June.

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