COVID-19: ADB provides USD 5K in grant assistance to Maldives

The Asian Development Bank (ADB) on Sunday approved a USD 500,000 (MVR 7.7 million) grant from its Asia Pacific Disaster Response Fund to assist finance Maldivian government's response to COVID-19 outbreak in the country.

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President of the Asian Development Bank, Masatsugu Asakawa. PHOTO: ADB

Ali Shareef

2020-03-29 18:48:32

The Asian Development Bank (ADB) on Sunday approved a USD 500,000 (MVR 7.7 million) grant from its Asia Pacific Disaster Response Fund to assist finance Maldivian government's response to COVID-19 outbreak in the country.

Earlier, the ADB had provided a technical assistance grant of USD 100,000 for initial emergency support.

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