The Asian Development Bank (ADB) on Friday assured India of $2.2 billion assistance in its fight against the covid-19 outbreak following a telephonic conversation between the ADB president Masatsugu Asakawa and finance minister Nirmala Sitharaman on Thursday evening.
This follows a $1 billion assistance approved by the World Bank last week to help India prevent, detect and respond to the coronavirus outbreak, and strengthen its public health preparedness. “ADB is committed to supporting India’s emergency needs.
We are now preparing $2.2 billion in immediate assistance to the health sector and to help alleviate the economic impact of the pandemic on the poor; informal workers; micro, small, and medium-sized enterprises; and the financial