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ADB approves $1.5 billion loan to India to fight Covid-19

Apr 28, 2020 15:42 IST

The Asian Development Bank on Tuesday approved a $1.5 billion loan to the government of India to help fund its response to the novel coronavirus pandemic, including support for immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups. ADB President said the bank is fully committed to supporting India in its response to this unprecedented challenge.