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.
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.
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.
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.
ADB President, Pakistan Minister of Economic Affairs discuss scaling up support to combat COVID-19 Asian Development Bank (ADB) President Masatsugu Asakawa and Pakistan’s Federal Minister for Economic Affairs and ADB Governor Makhdoom Khusro Bukhtiar discussed how ADB can scale up its support for the government’s response to the novel coronavirus disease (COVID-19) pandemic.
$60 million ADB loan to improve solid waste management in Uzbekistan The Asian Development Bank (ADB) has approved a $60 million loan that will help improve and expand solid waste management services in small urban and rural areas across Uzbekistan, as well as promote environmental sustainability.
PRC earmarks $10 million from its ADB Trust Fund to address COVID-19 challenges in developing Asia The Government of the People’s Republic China (PRC) has earmarked a total amount of $10 million in its Poverty Reduction and Regional Cooperation Fund to support the Asian Development Bank (ADB) in assisting its developing member countries to address their novel coronavirus disease (COVID-19) challenges.
ADB triples COVID-19 response package to $20 billion The package expands ADB’s $6.5 billion initial response announced on 18 March, adding $13.5 billion in resources to help ADB’s developing member countries counter the severe macroeconomic and health impacts caused by COVID-19.
