ADB sanctions 500 Million Dollars to Bangladesh


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
▴ ADB sanctions 500 Million Dollars to Bangladesh
The assistance is part of the dollar 20 billion extended assistance for developing countries’ response to the pandemic announced by ADB on April 13. Earlier, ADB had approved 100 million dollar concessional loan for Bangladesh to support its immediate public health requirement arising out of Corona

The Asian Development Bank (ADB) on Thursday approved an additional loan of 500 million dollar to Bangladesh to manage the impact of Corona virus on its economy and public health. In a statement issued on Thursday, ADB said that the loan will benefit 15 million poor and vulnerable people of Bangladesh. It said that around 1.5 million workers, mostly women, in export industries will receive salary support.

The assistance is part of the dollar 20 billion extended assistance for developing countries’ response to the pandemic announced by ADB on April 13. Earlier, ADB had approved 100 million dollar concessional loan for Bangladesh to support its immediate public health requirement arising out of Corona outbreak.

In the meanwhile, Bangladesh on Thursday reported its second highest number of deaths due to Corona virus since the first case was reported on March 18. The Directorate General of Health Services (DGHS) reported 13 deaths and 706 new Corona positive cases taking the total number of positive cases to 12,425 and deaths to 199. It also reported 130 recoveries taking the total number of recovered cases to 1910.

The government ramped up its effort to fight Corona pandemic with the appointment of more than 5000 nurses in several hospitals dedicated to Corona virus treatment in the country on Thursday. In another step, the government on Wednesday waived off VAT on Personal protective equipment (PPE) and surgical masks as measures to tackle the pandemic.
Following the announcement that shops and malls will be allowed to open from 10 a.m. to 4 p.m., Dhaka Metropolitan Police (DMP) on Thursday announced a set of instructions for shopping malls to contain spread of Corona virus after the partial opening. It instructed that people can go only to malls within 2 kilometres of their homes for shopping. Wearing of masks has been made mandatory for all shoppers and store employees.

The decision of the government to partially open the shops and malls has come in for sharp criticism by the opposition Bangladesh Nationalist Party (BNP). Addressing media at party office in Dhaka Secretary General of BNP Mirza Fakhrul Islam Alamgir on Thursday called the decision as irresponsible. He accused the government of giving inaccurate and inauthentic data relating to Corona spread in the country.

Speaking about the arrest of a cartoonist and a blogger earlier this week, Fakhrul Alamgir said that journalists in Bangladesh are facing harassment and threat. The Editors’ Council, called Sampadak Parishad, also expressed concern over the arrest of journalists under the Digital Security Act (DSA). In a statement on Thursday it said that recent arrests of journalists is a threat to freedom of expression.

Tags : #AsianDevelopmentBank #Bangladesh #CovidAid

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Reforming global financial architecture is critical for gender equality and right to healthJuly 14, 2025
Francesco Arezzo takes office as president of Rotary InternationalJuly 14, 2025
CBM India Highlights Inclusive Eye Health at VISION 2020: The Right to Sight – INDIA 19th Annual ConferenceJuly 14, 2025
Crompton Introduces Ameo Fresh Nutri Blender, Reinforcing Its Promise of ‘Healthy Choices Made Easy’July 14, 2025
NMC Notifies Medical Institutions (Qualifications of Faculty) Regulations, 2025 to Expand Medical Education Capacity and Strengthen Faculty Availability July 14, 2025
India’s Roads, India’s Pain: Healing Beyond the HospitalJuly 14, 2025
When Weathers Go Deadly: Role Of Climate Change In Stimulating The Proliferation Of Disease-carrying VectorsJuly 14, 2025
India’s Hidden Health Emergency: Climate Pressures on WellbeingJuly 14, 2025
The Silent Urgency: Why Geriatric Health Homes Can’t Wait AnymoreJuly 14, 2025
Rewiring the Brain: How Neuroscience Apps Are Changing Stroke RecoveryJuly 14, 2025
Healing Happens at Home: How Community Care Breaks the Cycle of Repeat Hospital TripsJuly 14, 2025
The Future Is Hands-On: How AR Is Quietly Reshaping Physical TherapyJuly 14, 2025
Flying Lifelines: Why Medical Drones are Changing Supply Chains in SilenceJuly 14, 2025
The Silent Hunger Are Well Fed Indian Teens Actually MalnourishedJuly 14, 2025
Richest 1% people have enough new wealth to end annual poverty 22 times overJuly 11, 2025
Fermenta Signs Strategic MoU with NIFTEM-T to Strengthen India’s Food Fortification LandscapeJuly 11, 2025
Sarvodaya Hospital, Greater Noida West, Launches Next-Gen Fully Active Robotic System for Joint ReplacementJuly 10, 2025
Children Dazzle the Stage at Faridabad Talent Hunt at Asian Institute of Medical SciencesJuly 10, 2025
From Macro to Mandate: How India's Affluent Investors are Positioning for Global ShiftsJuly 10, 2025
Actress-turned-Entrepreneur raises alarm over hidden pet health crisis in IndiaJuly 10, 2025