ADB’s $50 million package to help the Kyrgyz Republic mitigate the impact of COVID-19

ADB has approved $50 million in loan and grant financing to help the Government of the Kyrgyz Republic mitigate the significant negative health, social, and economic impacts of COVID-19 pandemic.

Delivered under ADB’s COVID-19 Active Response and Expenditure Support (CARES) program, the funds will support the government’s immediate priorities to contain the spread of the pandemic, ensure social protection for vulnerable segments of society, and deliver a pro-poor fiscal stimulus to safeguard small and medium enterprises and the economy’s productive sectors.

Original source: ADB
Published on 04 May 2020