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.
EBRD continues to deliver record levels of trade finance to emerging markets Financing under its Trade Facilitation Programme topped half a billion euros in April for the first time in the EBRD’s history.
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.
EBRD increases trade support in Uzbekistan with new limit for NBU More businesses in Uzbekistan, including small and medium-sized enterprises, will benefit from export and import opportunities available through a trade finance agreement signed between the EBRD and the country’s leading lender, the National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU).
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.
UN sets out COVID-19 social and economic recovery plan The United Nations Development Programme (UNDP) will provide the technical lead in the UN’s socioeconomic recovery efforts, supporting the overall coordination role of the Resident Coordinators, with UN teams working as one across all aspects of the response.
World Bank approves $53 million to improve heating services and support sustainable livelihoods in Mongolia The World Bank’s Board of Executive Directors approved $53 million in financing for Ulaanbaatar Heating Sector Improvement Project and Additional Financing of the Third Sustainable Livelihoods Project.
