Categories: International

ADB approves the funding of $2 million to combat Novel Coronavirus

The Asian Development Bank (ADB) has approved the funding of USD 2 million to combat the spread of novel coronavirus (nCoV). The funds will support the efforts to stop the outspread of novel coronavirus (nCoV) by supplementing ongoing regional technical assistance and strengthening response capacity in China, Thailand, Laos, Vietnam, Cambodia, and Myanmar. The funds will also help in boosting the supply of diagnostic and laboratory equipment for rapid testing to help in fight against the outbreak.

The assistance will fund the development of recommendations for improved outbreak investigation and surveillance, including in rural areas, and the strengthening of health systems’ resilience and capacity for epidemic response.

ADB in collaboration with World Health Organisation and other regional experts will also recognize the areas for coordinated responses as well as possible further financial assistance to improve the situation caused by nCoV.

Important takeaways for all competitive exams:

  • Asian Development Bank Headquarters: Manila, Philippines; President: Masatsugu Asakawa.

Find More International News

Recent Posts

Weekly One Liners 15th to 21st of December 2025

Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…

6 hours ago

World Basketball Day 2025 Celebrates Basketball’s Journey to Global Fame

World Basketball Day 2025 highlights the remarkable journey of basketball from a simple indoor game…

21 hours ago

UN Celebrates Second World Meditation Day to Promote Inner Peace Worldwide

The United Nations marked the second World Meditation Day on the 21st December with a…

21 hours ago

Winter Solstice 2025 Observed on Sunday, Bringing the Year’s Shortest Day

The Winter Solstice 2025 occurs on Sunday, December 21 marking the shortest day and longest…

21 hours ago

Haryana Assembly Passes Resolution to Commemorate 350th Martyrdom Year of Guru Tegh Bahadur Ji

The Haryana State Assembly has unanimously passed a resolution to mark the 350th martyrdom year…

1 day ago

Which Country is Known as the Land of Cherry Blossoms?

Every country has something special that makes it famous around the world. Some are known…

1 day ago