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Pakistan gets USD 588 million to fight coronavirus pandemic


ISLAMABAD, 20 MARCH. The World Bank and the Asian Development Bank have committed to providing USD 588 million to Pakistan for its emergency response to fight the coronavirus and to address the socioeconomic impact of the pandemic, a media report said on Friday.

The World Bank would provide USD 238 million and the Asian Development Bank (ADB) USD 350 million to Pakistan in support for the COVID-19 emergency response and to tackle the socio-economic disruption associated with it. The announcement was made by the Planning Commission after a meeting with representatives of the two lending agencies on Pakistan's preparedness and response to fight COVID-19, the Dawn newspaper reported. The meeting, presided over by Deputy Chairman of the Planning Commission Mohammad Jehanzeb Khan, was attended by World Bank Country Director Illango Patcha muthu, ADB Country Director Xiaohong Yang, besides other officials.

Pakistan's coronavirus cases sharply rose to 453 on Thursday, a day after it reported its first two casualties due to COVID-19 pandemic that has claimed 9,800 lives and infected more than 232,650 people in 158 countries and territories.



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