Pakistan to Receive $305 Million From ADB for Coronavirus Pandemic



The Concept Clearance Committee met to discuss the ADB’s financing plan in its efforts to support Kovid-19 Emergency Assistance Services, entitled “Emergency Assistance to Fight the Kovid-19 Pandemic,” worth $ 305 million. Submitted and subsequently approved.

The meeting was chaired by Deputy Chairman of the Planning Commission Muhammad Jahanjeeb Khan and was attended by a delegation from the Asian Development Bank headed by the country’s Director Mrs. Jiaohong Yang.

ADB provides $ 200 million for social care for the poor and vulnerable and $ 105 million for public health emergency preparedness.

The proposal will also focus on storing stores and health lists for any unexpected surge and providing personal protective equipment (PPE) and medical supplies throughout the corona epidemic.

Increase existing facilities or add additional space in existing facilities, train health personnel, strengthen health management systems including inventory control, disease monitoring and standard protocols, as well as improve water and sanitation facilities and open spaces.

DCPC Jahanjeeb Khan said the government is looking for ways to help those who have been directly affected by the corona pandemic and are not eligible for financial assistance from the BISP. Various methods have been discussed to fund the government of Pakistan under the loan agreement.

The forum has authorized the federal government to borrow ADB, which will be implemented by the NDRMF (National Disaster Risk Management Fund) as a grant in the province and in special areas.

Planning Commission, Ministry of National Health Services and Regulation, Department of Economic Affairs, Ministry of Finance, NDMA and Benazir Income Assistance Program (BISP) officials participated.


Please enter your comment!
Please enter your name here