ADB provides $8 million grant to help Kiribati respond to its first outbreak of COVID-19

By Asian Development Bank

ADB provides $8 million grant to help Kiribati respond to its first outbreak of COVID-19

The Asian Development Bank (ADB) is releasing an $8 million (A$11.3 million) grant from its Pacific Disaster Resilience Program (Phase 3) to help finance the Government of Kiribati’s response to the community transmission of the coronavirus disease (COVID-19) pandemic.

The country is battling large-scale community transmission of the pandemic, with Kiribati’s Ministry of Health and Medical Service confirming 11 deaths among 2,940 cases of COVID-19.

“This quick-disbursing ADB financing will help the Government of Kiribati better manage this unprecedented medical emergency,” said ADB Director General for the Pacific Leah Gutierrez.

The ADB-supported Pacific Disaster Resilience Program (Phase 3) fills a financing gap common to many Pacific developing member countries during disasters, providing a predictable and quick-disbursing source of financing for early response and recovery activities.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.