ADB, World Bank to give Pak $588mn for fight against COVID-19
By IANS | Published: March 20, 2020 08:10 AM2020-03-20T08:10:16+5:302020-03-20T08:25:11+5:30
The Asian Development Bank (ADB) and the World Bank have committed to providing $588 million to Pakistan for its emergency response to fight the coronavirus in the country and cater to the socio-economic impact of the pandemic.
ADB, World Bank to give Pak $588mn for fight against COVID-19
Islamabad, March 20 The Asian Development Bank (ADB) and the World Bank have committed to providing $588 million to Pakistan for its emergency response to fight the coronavirus in the country and cater to the socio-economic impact of the pandemic.
This was announced by the Planning Commission after a meeting with country representatives of the two lending agencies on Pakistan's preparedness and response to fight COVID-19, Dawn news said in a report on Thursday.
According to an official statement, the World Bank would provide $238 million and the ADB $350 million to Pakistan in support for the COVID-19 emergency response and to address the socio-economic disruption associated with it.
The meeting also approved in principle a project concept "Pakistan National Emergency Preparedness and Response Plan for COVID-19".
As of Friday, the number of confirmed cases in Pakistan rose to 453 with two deaths.
Sindh province is the worst hit with 245 cases.
( With inputs from IANS )
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