Asian Development Bank Approves a $5.36 Million Grant to Assist Mongolia in its Fight Against the Coronavirus

The Asian Development Bank (ADB) has authorized a $5.36 million grant to Mongolia to improve the identification and containment of coronavirus illness (COVID-19). 

The grant for Strengthening Rapid Epidemic Response Capacity of Health Systems will assist Mongolia in responding to the ongoing COVID-19 outbreak by providing resources and training on how to conduct reverse transcription-polymerase chain reaction (RT-PCR) tests and administer COVID-19 vaccines to targeted populations. 

The probability of COVID-19 spreading further in Mongolia is still high. Mongolia needs to expand its network of COVID-19 testing laboratories to increase RT-PCR testing capability in order to successfully avoid this. Simultaneously, the government must quickly prepare for COVID-19 immunization in order to control the pandemic and allow the safe reopening of borders, businesses, and schools. 

The grant will help ten molecular biology laboratories increase their RT-PCR testing capability and ensure safe immunization by purchasing and supplying personal protective equipment, hand sanitizers, and thermometers. The project will help target groups take advantage of immunization services and improve care and monitoring through post-immunization surveillance. 

The Japan Fund for Poverty Reduction will provide a $5 million co-financing grant to the project, which will be administered by the ADB (JFPR). Over the past 20 years, the JPFR, which is funded by the Japanese government, has supported programmes in Mongolia aimed at alleviating poverty, enhancing lives, and protecting the environment. Mongolia’s government will contribute $360,000 in matching funds. 

The initiative is closely tied to the Support for COVID-19 Vaccine Delivery in Mongolia project, which will supply safe and effective COVID-19 vaccinations in Mongolia through the Asia Pacific Vaccine Access Facility (APVAX). It is scheduled to be finished in 2024. 

The Asian Development Bank is dedicated to establishing a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while continuing to fight extreme poverty. It was founded in 1966 and is owned by 68 members, 49 of them are from the region. 

Photo Credit: https://www.devex.com/news/adb-sets-new-loan-pricing-structure-for-higher-income-countries-96059