Kathmandu,2 June : Asian Development Bank agrees to provide $250 Million (Rs.30 Billion) loan to Nepal for COVID-19 responses. Nepal and the Asian Development Bank on Monday signed on a loan agreement of $250 million (equivalent to Rs 30 billion) for the COVID-19 Active Response and Expenditure Support (CARES) Program to respond to the impacts caused by COVID-19.
According to Ministry of Finance, it will support Nepal to strengthen its public health system by scaling up its testing laboratories, establishing quarantine facilities in all provinces, enabling of quality health service for prevention, control and cure of communicable disease, developing of health infrastructures with well-equipped hospitals, supplying of medicine and equipment, and providing service of qualified doctors and health workers.
People’s News Monitoring Service
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