Focus Merit

AIIB allows $500 million loan for India’s Covid-19 response

AIIB

  • Asian Infrastructure Investment Bank (AIIB) has allowed a loan worth $500 million for India’s ‘COVID-19 Emergency Response.
  • The assistance will aid India to scale up efforts to restrict the transmission of instances, increase the public health system to broaden its response capability, and to enhance preparedness to handle future outbreaks.