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CDAC to help needy families
Sat, Nov 15, 2008
The Straits Times

By Debbie Yong

IT DID it in the 1998 Asian financial crisis, and it's doing it again, in these tough times.

The Chinese Development Assistance Council (CDAC) is digging into its reserves to help needy families hit by the current financial downturn.

At the start of this year, the 16-year-old self-help group earmarked an $18 million operating budget to fund its welfare programmes and community assistance schemes.

 

 


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