City
Epaper

ADB, World Bank to give Pak $588mn for fight against COVID-19

By IANS | Updated: March 20, 2020 08:25 IST

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.

Open in App

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 )

Tags: pakistanislamabadAsian Development BankWorld Bank
Open in App

Related Stories

EntertainmentPakistani Actress Humaira Asghar Dies At 32, Decomposed Body Found in Karachi Home by Local Police

MaharashtraRaigad: Suspicious Pakistani Boat in Arabian Sea Turns Out to Be Buoy

OpinionsVicious Plot to Drown Nation in Drugs

EntertainmentPakistani Actor Mawra Hocane’s Instagram Visible in India Again Months After Ban

InternationalPakistan Tragedy: 18 Family Members, Including Children, Swept Away in Swat River; Video Emerges

International Realted Stories

InternationalPakistani airline sends passenger to Jeddah instead of Karachi

InternationalPolice crackdown on PTI as CM Gandapur's convoy reaches Lahore

InternationalUnion Minister Hardeep Singh Puri concludes "fruitful, productive" visit to Iceland

InternationalLavrov meets Kim Jong Un as North Korea backs Russia in Ukraine war

InternationalFormer pilot points to chip malfunction, not pilot error in initial report on AI171 tragic crash