Asian Development Bank Approves $100m Grant for COVID19 Response in Afghanistan
The Asian Development Bank (ADB) has approved a $100 million grant to help the government of Afghanistan respond to the coronavirus disease.
Afghan voice agency (AVA)_“ADB reaffirms its full commitment to supporting Afghanistan in its fight against #COVID-19 and reducing the adverse impact of the pandemic on the lives of Afghans and the economy,” said ADB President MasatsuguAsakawa.
“The assistance will help strengthen the health system, expand #social_protection for the poor and vulnerable population while ensuring gender mainstreaming, and support macroeconomic stabilization and job creation in Afghanistan,” he was quoted as saying in a press release.
Afghanistan’s economic has deteriorated during the COVID-19 pandemic because of business lockdowns, a sharp drop in household incomes, and a downturn in regional trade and remittances.