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

It 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. The meeting also approved in principle a project concept Pakistan National Emergency Preparedness and Response Plan for COVID-19.

Asian Development Bank
ADB, World Bank to give Pak $588mn for fight against COVID-19
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Published : Mar 20, 2020, 11:37 AM IST

Islamabad: 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, media 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 454 with two deaths.

Sindh province is the worst hit with 245 cases.

Read more: Coronavirus cases surge in US, fatalities cross 200

(WIth inputs from IANS)

Islamabad: 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, media 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 454 with two deaths.

Sindh province is the worst hit with 245 cases.

Read more: Coronavirus cases surge in US, fatalities cross 200

(WIth inputs from IANS)

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