Interview Guidance Program (IGP) for UPSC CSE 2024, Registrations Open Click Here to know more and registration
News:Government of India and the Asian Infrastructure Investment Bank(AIIB) signed an agreement for a $500 million “COVID-19 Emergency Response and Health Systems Preparedness Project”.
Facts:
- The project is co-financed by the World Bank.
- Aim: To help India prevent, detect and respond to the COVID-19 pandemic and strengthen its public health preparedness.
Additional Facts:
- Crisis Recovery Facility: It was set up by AIIB to provide financing to both public and private sector entities within its members facing serious adverse impacts as a result of Coronavirus pandemic.
- AIIB:It is an international financial institution formed in 2016 with the aim to provide finance to infrastructure projects in the Asia-Pacific region.It is headquartered in Beijing,China and has 102 member countries.
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.
