ADB provides USD 4 million to the Asia-Pacific countries to fight coronavirus outbreak:
Asian Development Bank (ADB) is to provide a total of $4 million (Rs.29 crore) to the Asia-Pacific countries. The bank aims to help developing countries in Asia and the Pacific to fight the outbreak of novel coronavirus (COVID-19).
ADB has also approved a further $2 million to help developing countries in Asia and the Pacific to contain the novel coronavirus outbreak. The bank also asked to improve resilience to COVID-19 and other communicable diseases.
Highlights:
♦ The work is to be conducted in close collaboration with the World Health Organization (WHO).
♦ The funds will be given to all ADB developing member countries to update and implement the pandemic response plans.
♦ The financial assistance would be used for several purposes including assessing the health system, buying emergency supplies and equipment, and economic impacts to improve future resilience, and coordinating better regionally to prevent, detect, and respond to animal and human disease outbreaks.
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