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Sitharaman praises AIIB for fast-tracking financial aid to combat COVID-19

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NEW DELHI : Union Minister of Finance Nirmala Sitharaman on Tuesday praised the efforts of Asian Infrastructure Investment Bank (AIIB) for fast-tracking financial assistance of about USD 10 billion to its member countries including India to combat COVID-19 pandemic.Attending the fifth annual meeting of the Board of Governors of AIIB through video conference in the national capital, Sitharaman mentioned about Prime Minister Narendra Modi's initiative of creating a COVID-19 emergency fund for the South Asian Association for Regional Cooperation (SAARC) nations and India's efforts in supplying critical medical health kits to tackle COVID-19, and now supporting global efforts of coronavirus vaccine trials.Besides, the Finance Minister.

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