Adb Grant Agreement

Pakistan and the Asian Development Bank (ADB) on Tuesday signed a US$2 million grant agreement to bolster the country`s efforts to combat the coronavirus pandemic The grant agreement was signed by Economic Division Secretary Noor Ahmed and ADB Country Director for Pakistan Yang Xiaohong. the economic department said in a statement. ISLAMABAD, Nov. 3 (Xinhua) — Pakistan and the Asian Development Bank (AfDB) have signed a $2 million grant agreement to continue supporting Pakistan`s efforts to combat the COVID-19 pandemic and improve emergency measures, Pakistan`s economic department said Tuesday. In May, the ADB approved a $300 million emergency loan to consolidate Pakistan`s response to the public health pandemic and revive economic activities. The Norwegian government has also provided a grant of $5.28 million, which will be managed through the ADB to strengthen the emergency system in Khyber Pakhtunkhwa province, in the midst of the COVID-19 crisis. In June, the Bank approved a $500 million budget support loan to provide social protection programs to the poor and weak, build health sector capacity, and provide a tax incentive for the poor to boost growth and create jobs. Ms. Yang and the Representative of the United Nations Children`s Fund (UNICEF) in Pakistan, Aida Girma, signed the administrative agreement that will allow UNICEF to purchase stocks and equipment with the grant. tribune.com.pk/story/2270894/adb-pakistan-sign-2m-grant-agreement-to-combat-covid-19 ISLAMABAD – The Asian Development Bank (ADB) will provide a $2 million grant to bolster Pakistan`s efforts to combat the coronavirus (COVID-19) pandemic. The Asian Development Bank (AfDB) and the Government of Pakistan have signed a $2 million grant agreement to strengthen Pakistan`s efforts to combat the coronavirus (COVID-19) pandemic. An agreement on the matter was signed here on Tuesday by the Secretary of the Economic Department, Noor Ahmed, and the ADB`s National Director for Pakistan, Xiaohong Yang.

The grant, funded by the Asia Pacific Disaster Response Fund, will help provide life-saving medical care, diagnostic and laboratory facilities, and other critical equipment for communities affected by the pandemic. ISLAMABAD, PAKISTAN – November 3, 2020: The Asian Development Bank (ADB) and the Government of Pakistan today signed a $2 million grant agreement to strengthen Pakistan`s efforts to combat the coronavirus (COVID-19) pandemic. “The ADB continues to work closely with the Government of Pakistan and its development partners to help Pakistan maintain the progress made in the fight against the pandemic,” said Xiaohong Yang, ADB Country Director for Pakistan. “The grant, managed through UNICEF, will help strengthen Pakistan`s response to the COVID-19 challenge. Pakistan must maintain its efforts to combat the pandemic through robust prevention and control measures, as well as the provision of basic medical and emergency facilities, in light of the recent increase in infection rates. The Asian Development Bank (ADB) is an international organization whose main objective is to reduce poverty in Asia and the Pacific through environmentally sustainable growth. . . .

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