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

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

Which Mountain is known as the Backbone of India?

India has many mountain ranges that shape its land, climate and rivers. These mountains act…

3 hours ago

ISSF Junior World Cup 2026: India Leads Medal Tally with 16 Medals in Cairo

India has delivered the strong performance at the ISSF Junior World Cup 2026 in the…

5 hours ago

Which is the Biggest Pharmaceutical Company in India?

Sun Pharmaceutical Industries Limited, commonly known as Sun Pharma, is the largest pharmaceutical company in…

5 hours ago

Sabastian Sawe Creates History with Sub-2 Hour Marathon at London Marathon 2026

Sabastian Sawe has achieved the historical achievement as he completed the an official marathon in…

5 hours ago

Andhra Pradesh Launches Massive Mushroom Mission Worth ₹13,000 Crore

Andhra Pradesh state government has announced the first Mushroom Mission with the investment around the…

5 hours ago

DMRC Appoints Sanjay Jamuar as First CEO of Delhi Metro International Limited

The Delhi Metro Rail Corporation (DMRC) has appointed Mr. Sanjay Jamuar as the first Chief…

6 hours ago