COVID 19

ADB Triples Financial Aid to Fight Coronavirus to $20 Billion

The package expands ADB's USD 6.5 billion initial response announced on March 18, adding USD 13.5 billion in resources to help its developing member countries counter the severe macroeconomic and health impacts caused by Covid-19, it said in a release. The USD 20 billion package includes about USD 2.5 billion in concessional and grant resources, it added.