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:
Buddhist Monuments at Sanchi, found in Madhya Pradesh, are one of the earliest examples of…
Olympic medal winner Saina Nehwal and former captain of the Indian cricket team Rahul Dravid…
The Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency (IREDA) is now…
The Ministry of Home Affairs (MHA) announced the Kendriya Grihmantri Dakshata Padak 2026 on October…
Air Marshal Inderpal Singh Walia, AVSM and VM, has been appointed as the next Vice…
The Government of India has formed a High-Level Committee on Banking for Viksit Bharat to…