Asian Development Bank approves USD 100 million loan to Uzbekistan

With an aim to strengthen the humanitarian assistance in the wake of the coronavirus pandemic, the Asian Development Bank (ADB) said that it has approved a loan worth 100 million U.S. dollars to Uzbekistan.

The loan from the Asian Development Bank will aid to strengthen Uzbekistan’s response to public health emergencies, including the COVID-19 pandemic.         

The Manila-based bank said that the latest loan is part of ADB’s comprehensive package of support to Uzbekistan, which also includes a £200 till payday of 500 million dollars, approved in June, to help the Uzbek government mitigate the adverse health and economic impacts of the COVID-19 pandemic.   

ADB said, its COVID-19 Emergency Response Project will help fund Uzbekistan in increasing testing capacity for COVID-19 and related illnesses, at 38 laboratories nationwide, refurbishing laboratories, to ensure safe working conditions, as well as, improving diagnosis and management of COVID-19 cases over the next two years.

Photo Credit : https://en.wikipedia.org/wiki/File:Asian_Development_Bank_logo.svg

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