fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Banking

Papua New Guinea with $250 Million COVID-19 Loan ADB Supports

The loan will provide financial assistance in support of the pandemic response and provide support for healthcare workers and citizens

The Global Economics by The Global Economics
November 30, 2020
in Banking, Trending
Reading Time: 1 min read
0
Papua New Guinea with $250 Million COVID-19 Loan ADB Supports

Papua New Guinea with $250 Million COVID-19 Loan ADB Supports

29
SHARES
655
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

The Asian Development Bank (#ADB) has approved a $250 million load to support #Papua New Guinea in response to COVID-19 pandemic. 

#PNG had declared a state of emergency in March followed by lockdowns and measures, affecting the country’s economy. As per the ADB, the country is the only member country impacted by the community transmission of the coronavirus.  

ADB’s assistance will enable strengthen PNG’s healthcare system by supporting and training health workers, building of temporary isolation facilities for coronavirus patients, procurement and distribution of medical supplies, and making improvements in the water supply for citizens and communities. 

In a statement, ADB President #Masatsugu Asakawa announced ADB’s committment to support the PNG government in response to the pandemic with the funds’ aid in strengthening the health sector and providing financial support to revitalize the economy. The program will implement the $769 million pandemic response plan and stimulus package to support the economy, added ADB. 

ADB’s program is funded through the COVID-19 pandemic response option (CPRO), which further focuses on providing social assistance and food security to the vulnerable sections of the country majorly affected by job and income losses. 

Tags: ADBMasatsuguPapuaPNG
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Ron DeSantis Begins Presidential Campaign in Iowa
USA

Ron DeSantis Begins Presidential Campaign in Iowa

by The Global Economics
May 31, 2023
Qred Emerges as Europe's Newest Bank
Banking

Qred Emerges as Europe’s Newest Bank

by The Global Economics
May 29, 2023
HSBC To Shift Focus From West To Asia Pacific
Commercial

HSBC To Shift Focus From West To Asia Pacific

by The Global Economics
May 26, 2023
Thai Bank Krungsri Strengthens ASEAN Presence Through Acquisition of SHB Finance
Banking

Thai Bank Krungsri Strengthens ASEAN Presence Through Acquisition of SHB Finance

by Rahil Adnan
May 24, 2023
Microsoft's Activision Takeover Approved by EU After UK Veto
Mergers & Acquisitions

Microsoft’s Activision Takeover Approved by EU After UK Veto

by Anuj Singh
May 17, 2023
Previous slide
Next slide
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Australia Announces Steep Rise in Minimum Wage Amid Cost of Living Crisis

Australia Announces Steep Rise in Minimum Wage Amid Cost of Living Crisis

June 2, 2023
Sri Lanka’s unexpected rate cuts for the first time in 3 years: The worst is over

Sri Lanka’s unexpected rate cuts for the first time in 3 years: The worst is over

June 2, 2023
US House Passes Debt Ceiling Bill in First Step to Avert Default

US House Passes Debt Ceiling Bill in First Step to Avert Default

June 1, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version