Asian Infrastructure Investment Bank (AIIB) has approved a loan worth of $500 million for India’s ‘COVID-19 Emergency Response. The assistance will help India to scale up efforts to restrict the transmission of instances, strengthen the public health system to broaden its response capability and to improve preparedness to handle future outbreaks.
Click Here To Get Test Series For SBI PO 2020
Apart from this, it will also support medical equipment purchases and research in collaboration with the Indian Council of Medical Research (ICMR), community engagement and risk communication strategies.
Earlier on April 17,2020 the AIIB had enlarged its initial COVID-19 Crisis Recovery Facility to $10 billion from $5 billion that made funds available to its members for emergency economic, financial and public health pressures and quick recovery from the crisis.
Important takeaways for all competitive exams:
National News Qadian–Beas Railway Line Revived After Nearly 100 Years The long-pending Qadian–Beas Railway Line…
A contingent of the Indian Army has departed for Mongolia to participate in to the…
As per the latest data released by the Income Tax Department, the net direct tax…
Reserve Bank of India (RBI) has approved to to extend the tenure of the Keki…
Uzbekistan has officially become the first Central Asian country to join the New Development Bank…
France set to witness the historic inauguration of the its first traditional Hindu temple and…