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.
ADB provides $100 million to support Mongolia’s COVID-19 response The Asian Development Bank (ADB) has approved a $100 million loan to the Government of Mongolia to mitigate the severe health and economic impacts of the novel coronavirus disease (COVID-19) pandemic.
EBRD supports Georgia Healthcare Group during the crisis The EBRD is supporting the healthcare sector in Georgia with a $25 million loan to Georgia Healthcare Group to fund working capital and operational expenditure requirements for the group’s critical role in fighting the coronavirus pandemic in the country.
ADB President, Afghanistan President discuss COVID-19 support; $40 million grant Asian Development Bank (ADB) President Masatsugu Asakawa and Afghanistan President Mohammad Ashraf Ghani discussed how ADB can support the country’s fight against the novel coronavirus disease (COVID-19) pandemic, including through a new $40 million grant.
ADB provides $30 million extra to Mongolia health project to fight COVID-19 The Asian Development Bank (ADB) has approved $30 million in extra financing for a health sector project in Mongolia to strengthen the country’s preparedness and response to the novel coronavirus disease (COVID-19) pandemic.
COVID-19 support to Europe and Central Asia from World Bank tops $1.4 billion Anna Bjerde, a Swedish national, became the new World Bank Vice President for Europe and Central Asia on 1 May 2020 and will lead the World Bank’s strategic, analytical, operational and knowledge work in the region.
ADB $50 million package to help Kyrgyz Republic mitigate health, social, economic impacts of COVID-19 Delivered under ADB’s COVID-19 Active Response and Expenditure Support program, the funds will support the government’s immediate priorities to contain the spread of the pandemic, ensure social protection for vulnerable segments of society, and deliver a pro-poor fiscal stimulus to safeguard small and medium-sized enterprises and the economy’s productive sectors.
Uzbekistan’s COVID-19 response gets additional financial boost from World Bank The World Bank’s Board of Executive Directors approved $200 million in additional development policy financing to support Uzbekistan’s ongoing health, social, and economic policy responses to the crisis caused by the COVID-19 pandemic.
World Bank pledges $80 million to support Georgia’s response to COVID-19 pandemic The World Bank will provide $80 million in financial support to Georgia to help the government’s efforts to mitigate and address the health and social impacts of the COVID-19 pandemic.
IMF Executive Board approves a $220 Million disbursement to the Islamic Republic of Afghanistan to address the COVID-19 pandemic The IMF Executive Board approved Afghanistan’s request for emergency assistance under the Rapid Credit Facility.
