ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
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.
