ADB $500 million loan to help protect poor, strengthen Pakistan’s COVID-19 health and economic response The Asian Development Bank (ADB) has approved a $500 million loan to help the Government of Pakistan deliver social protection programs to the poor and vulnerable, expand health sector capabilities, and deliver a pro-poor fiscal stimulus to boost growth and create jobs as the country fights the novel coronavirus disease (COVID-19) pandemic.
ADB, Pakistan sign $5.28 mllion Norwegian grant to strengthen COVID-19 response The Asian Development Bank (ADB) and the Government of Pakistan signed an agreement to expand support for Pakistan’s response to the novel coronavirus disease (COVID-19) pandemic in Khyber Pakhtunkhwa province through the National Disaster Risk Management Fund.
Signing ceremony for ADB $300 million emergency COVID-19 loan to Pakistan The Asian Development Bank (ADB) and the Government of Pakistan signed the loan agreement for a $300 million emergency assistance loan initially approved by the bank on 19 May.
ADB and Ipoteka Bank Partner to Support Trade in Uzbekistan The Asian Development Bank’s (ADB) Trade Finance Program and Ipoteka Bank from Uzbekistan signed an agreement providing guarantees to support trade in the country.
ADB President, President of Azerbaijan discuss combating COVID-19 and enhancing partnership The two leaders discussed possible options for ADB’s support to Azerbaijan and whether additional policy measures may be required to further mitigate the socioeconomic risks of the pandemic and stimulate the financial and private sectors to enable the country’s economy to more quickly return to sustainable growth.
ADB $100 million loan to mitigate adverse health, economic impacts of COVID-19 in Georgia The Asian Development Bank (ADB) has approved a $100 million loan to help the Government of Georgia contain the spread of the novel coronavirus disease (COVID-19) pandemic, mitigate the impact on businesses, and protect the livelihoods of the most vulnerable, including women and children.
New ADB tool offers roadmap to unblock supplies of life-saving products ADB’s Trade Finance Program and Supply Chain Finance Program is helping resolve this through a new online tool which maps these supply chains, allowing governments, banks, investors, and healthcare professionals to pinpoint companies making these products and intervene to clear any blockages.
ADB allocates $1.36 million grant for Uzbekistan’s fight against COVID-19 The Asian Development Bank (ADB) has allocated a $1.36 million grant for Uzbekistan to procure medical equipment and supplies to support the country’s efforts to combat the novel coronavirus disease (COVID-19) pandemic.
ADB, Mongolia sign 3 loans to boost COVID-19 response, renewable energy The loans and grant comprise of $100 million loan for the COVID-19 Rapid Response Program, $30 million additional financing for the Fifth Health Sector Project to further strengthen the country’s preparedness and response to COVID-19, and $100 million loan and $3 million grant for the First Utility Scale Energy Storage Project.
Water, sanitation, and hygiene: World leaders call for action on COVID-19 Water, sanitation, and hand hygiene, together with physical distancing, are central to preventing the spread of COVID-19, and a first line of defense against this serious threat to lives and health systems.