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.
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.
