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Asian Development Bank provides additional support to COVID-19 response in Uzbekistan

Finance Materials 18 May 2020 17:34 (UTC +04:00)
Asian Development Bank provides additional support to COVID-19 response in Uzbekistan

BAKU, Azerbaijan, May 18

By Ilkin Seyfaddini - Trend:

The Asian Development Bank (ADB) has allocated a $1.36 million grant for Uzbekistan to procure medical equipment and supplies to support the country’s efforts to combat the COVID-19 pandemic, Trend reports citing the bank.

"The grant will be used to procure personal protective equipment for health care workers and other medical supplies that will help to rapidly build up the capacity of the country’s health care system. The grant is drawn from a previously approved technical assistance—Regional Support to Address the Outbreak of Coronavirus Disease 2019 and Potential Outbreaks of Other Communicable Diseases—and adds to an initial $200,000 in technical assistance allocated to Uzbekistan to acquire medical supplies in March 2020. A further $19.5 million in loan savings from existing ADB projects has been reallocated to enable Uzbekistan to procure 800 ventilators," the message said.

ADB is working with the government and other development partners to mobilize additional resources to further strengthen Uzbekistan’s health care systems. It is also preparing countercyclical support and policy advice to help mitigate the negative impact of the pandemic.

On 1 April, ADB President Masatsugu Asakawa and Uzbekistan’s Deputy Prime Minister, Minister of Investments and Foreign Trade, and ADB Governor Sardor Umurzakov discussed how ADB can support Uzbekistan in its fight against the COVID-19 pandemic.

On 13 April, ADB tripled to $20 billion its initial package to address the immediate needs of its developing member countries, including Uzbekistan. ADB also approved measures to streamline its operations for quicker and more flexible delivery of assistance. The $20 billion package includes about $2.5 billion in concessional and grant resources.

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