Asian Development Bank contributes $ 20 billion to member countries and regions New Corona April 14 5:12
The Asian Development Bank announced on March 13 that it will contribute approximately $ 20 billion, or approximately JPY 2,160 billion in Japanese yen, to support member countries and regions affected by the spread of the new coronavirus.
Specifically, we will provide emergency loans and grants, including a $ 2 billion loan to private companies, by assisting governments in developing countries in stimulating the economy and procuring medical products.
The Asian Development Bank announced $ 6.5 billion in funding last month, but since the spread of the new coronavirus has become more serious, the amount of assistance has tripled.
"We will provide powerful and comprehensive support to governments and private companies in developing countries to support the pressing challenges of pandemics and recession," said Masatsugu Asakawa, President of the Asian Development Bank. I will.