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.
Pakistan takes action to reduce social impacts of COVID-19 The World Bank’s Board of Executive Directors approved a $500 million program to help Pakistan improve access to quality health care and education, support economic opportunities for women, and strengthen social safety nets as the country braces to limit the impact of the COVID-19 pandemic.
ADB $300 million loan to help mitigate COVID-19 impacts in Pakistan The Asian Development Bank (ADB) has approved a $300 million emergency assistance loan to strengthen Pakistan’s public health response to the novel coronavirus disease (COVID-19) pandemic and help meet the basic needs of vulnerable and poor segments of society.
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.
Kyrgyz Republic small business produces coronavirus-proof antiseptic dispenser EBRD and EU helped Matkasymov LLC, a leading producer of household products, to increase efficiency. In the face of the coronavirus pandemic, the company is applying rapid prototyping principles to fulfill urgent market needs.
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.
