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The Asian Development Bank (ADB) and the World Bank have committed to providing $588 million to Pakistan for its emergency response to fight coronavirus and cater to the socioeconomic impact of the pandemic.
This was announced by the Planning Commission after a meeting with country representatives of the two lending agencies on Pakistan’s preparedness and response to fight COVID-19.
According to an official statement, the World Bank would provide $238m and the ADB $350m to Pakistan in support for the COVID-19 emergency response and to address the socio-economic disruption associated with it.
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