ADB doubles funds for COVID-19 measures

Two multilateral lenders based in Asia have increased financial support for their member-countries to address the COVID-19 outbreak.

The Asian Development Bank (ADB) has doubled its initial $2 million fund to $4 million, aiming to help contain coronavirus and improve resilience against communicable diseases.

The funds will be used by ADB developing member-countries to update pandemic response plans, purchase emergency supplies, assess health system impacts, and coordinate regionally with the World Health Organization (WHO).

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