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Republic of Azerbaijan COVID-19 Active Response and Expenditure Support (CARES) Program
Details
Location:Azerbaijan
Category:Unspecified/Other
Status:Approval
Sectors:Health, Macro-Economy & Public Finance, Disaster Reduction & Humanitarian Relief
Languages:English
Contracting authority: Ministry of Finance (Azerbaijan)
Description
OBJECTIVEThe Program’s objective is to support the Government of Azerbaijan’s fiscal stimulus measures to mitigate adverse impacts of COVID-19 on the population’s health, incomes, and economic opportunities as well as macroeconomic stability. DESCRIPTIONA
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tender Background
About the Funding Agency
Asian Development Bank (HQ)
ADB - Asian Development Bank - based in Manila, Philippines since 1960.
The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
As a multilateral development finance institution, ADB provides:
- loans
- technical assistance
- grants
About the Sectors
Health
Covers healthcare services, public health systems, and activities aimed at promoting physical and mental well-being.
Key areas:
- Healthcare services and facilities
- Public health and disease prevention
- Medical equipment, supplies, and services
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies