Pakistan wants another %305 million from ADB to fight corona
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Pakistan wants another $305 million in loans from the Asian Development Bank (ADB) to support its preventive and response efforts to fight the novel coronavirus outbreak, according to a report published by the The News.
Officials said the government approved concept clearance paper for seeking a loan from the Manila-based ADB for emergency assistance and fighting against COVID-19 pandemic.
A meeting of the concept clearance committee was held on 4 May to discuss the financing plan being offered by the ADB in the efforts to support the virus emergency relief services worth $305 million.
The loan proposal focuses on stockpiling of stores and health inventories for any unexpected surge and to sustain the provision of personal protective equipment and medical supplies throughout corona pandemic.
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