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ADB provides USD 1.5 Bn to India to deal with COVID-19

Shortpedia

Content Team
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The Asian Development Bank (ADB) on Tuesday said it has provided USD 1.5 billion to India to deal with the COVID-19 pandemic. The institution had announced a package of USD 20 billion in April 2020 to provide financial support to 26 countries to help fight the pandemic, it said in a release. Out of the USD 16.1 billion, USD 2.9 billion was for the private sector, which included direct support to companies.