The Ministry of Planning cleared an amount of $238 million from World Bank funding and endorsed another $350 million dollar funding offered by the Asian Development Bank (ADB) in support for the COVID-19 emergency response and to address the socio-economic disruption associated with it.
A special meeting of Concept Clearance Committee / CDWP was held on Wednesday under the Chairmanship of Deputy Chairman Planning Commission Mohammad Jehanzeb Khan.
Member Social Sector Dr. Shabnum Sarfraz, Member Private Sector Asim Saeed, DG Health Dr. Safi, Country Director, World Bank, Illango Patchamuthu, ADB Country Director Xiaohong Yang and representatives from EAD, Finance and health ministry were also present in the meeting.
Project concept titled “Pakistan National Emergency Preparedness and Response Plan for COVID-19” was presented and was subsequently approved.
The emergency project focus on taking measures through additional resources for strengthening the integrated disease surveillance and response system across the country through establishing isolation rooms, ensuring the availability of Infection Prevention and Control (IPC) equipment and protective clothing for the health teams, timely diagnostics and procurement of equipment and ventilators for critical care/case management across the country.
It also included the establishment of a real-time surveillance mechanism for early detection and embedding of prevention and control measures to halt/minimize local transmission.
Ministry of Planning cleared an amount of 238 million dollars from World Bank funding and endorsed another 350 million dollar funding offered by the Asian Development Bank (ADB) in support for the COVID-19 emergency response and to address the socio-economic disruption associated with it.
While chairing a meeting Deputy Chairman Planning Commission Mohammad Jehan Zeb Khan thanked ADB and World Bank for the all-out support to Pakistan during testing times. He said that not only we need to enhance our cooperation to jointly fight challenges but we must also work to demonstrate firm commitment for multifaceted cooperation in different fields.
Country Director, World Bank and ADB elaborated on the various financial instruments that would be made available to support the Government for responding to the COVID-19, both for the emergency response as well as for catering to the socio-economic impact of the epidemic on the vulnerable and marginalized population.
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Is it a loan amount or not?
I am amazed at how conveniently the author skips this point. Bhai saaf saaf batao repayment krni hogi pakistan ko k nae?