ADB to immediately release $50 million to Pakistan to help combat coronavirus

MG News | March 18, 2020 at 01:01 PM GMT+05:00

0:00

March 18, 2020: The Asian Development Bank will immediately release 50 million dollars to Pakistan to help it combat coronavirus.

The meeting is under process at the Planning Commission wherein the funding requests are being discussed.

ADB is likely to provide overall funding of 350 million dollars, whereas World Bank is expected to support Pakistan through funding of 188 million dollars.

Copyright Mettis Link News

Related News

Asia markets mixed, South Korea’s Kospi hits record high

Asia market closes lower on final trading day of year

Asia markets edge lower amid AI sell-off concerns

Name	Price/Vol	%Chg/NChg
KSE100	179,034.93 513.44M	1.52% 2679.44
ALLSHR	107,392.74 1,107.91M	1.22% 1297.66
KSE30	55,017.41 279.74M	1.86% 1007.08
KMI30	254,699.07 209.00M	1.60% 4013.10
KMIALLSHR	69,477.96 622.48M	1.19% 818.48
BKTi	50,802.42 123.06M	2.40% 1189.90
OGTi	36,086.91 28.98M	2.36% 830.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,490.00	93,970.00 91,595.00	3300.00 3.66%
BRENT CRUDE	60.71	61.24 60.00	-0.04 -0.07%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.55 0.64%
ROTTERDAM COAL MONTHLY	98.15	98.15 97.40	1.25 1.29%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	57.21	57.73 56.56	-0.11 -0.19%
SUGAR #11 WORLD	14.60	15.05 14.57	-0.41 -2.73%