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

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

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Islamabad, March 20 (IANS) 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.



(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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