Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

ADB Asian Development Bank : Strengthens Partnership with WHO to Help Asia and the Pacific Combat COVID-19

07/09/2020 | 05:58am EST
ADB Strengthens Partnership with WHO to Help Asia and the Pacific Combat COVID-19
News Release | 9 July 2020

MANILA, PHILIPPINES (9 July 2020) - The Asian Development Bank (ADB) today strengthened its partnership with the World Health Organization (WHO), recognizing that increased collaboration is helping to expand critical health care across Asia and the Pacific and contain the spread and impact of the coronavirus disease (COVID-19) pandemic.

During a conference call with WHO Regional Directors Dr. Takeshi Kasai and Dr. Poonam Khetrapal Singh, ADB President Masatsugu Asakawa said the partnership based on a memorandum of understanding signed in 2018 had helped to address the region's health security risks and strengthen health systems, which have been stretched since the spread of the COVID-19 pandemic.

'I very much appreciate the close collaboration with the WHO regarding COVID-19. I found that the regular exchange of views and the latest information on the evolution of the pandemic provided by WHO have been invaluable to ADB's operations,' said Mr. Asakawa. 'ADB has incorporated inputs and advice from the WHO to ensure our support is fully responsive to the needs of our developing members. As countries implement these projects and ADB continues to expand technical and financing assistance, we look forward to continued collaboration to help guide our response to, and the region's recovery from, COVID-19.'

ADB announced on 13 April a comprehensive support package of $20 billion to help developing members address the impacts of COVID-19. ADB and the WHO are finalizing an administrative arrangement (AA) to govern financial, reporting, and implementation mechanisms related to their joint response to COVID-19, as well as projects to support recovery from the crisis. The first AA between ADB and the WHO will cover South Asia before expanding to Central Asia, East Asia, the Pacific, and Southeast Asia.

ADB is also working with the WHO and the Japanese Ministry of Finance to convene a virtual Joint Finance and Health Ministers Meeting on COVID-19 and Universal Health Coverage in Asia and the Pacific during the second stage of ADB's Annual Meeting in September.

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.

Subjects

Disclaimer

ADB - Asian Development Bank published this content on 09 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 July 2020 09:57:01 UTC


© Publicnow 2020
Latest news "Economy & Forex"
04:44aInformation by the Central Bank
PU
04:44aBANK OF ENGLAND : Asset Purchase Facility Quarterly Report - 2020 Q4
PU
04:43aJapan's economy to recover to pre-pandemic levels next year, says BOJ's Kuroda
RE
04:41aGrowing risk appetite, weekend vaccine rollout push support sterling
RE
04:41aGERMAN ECONOMY TO STAGNATE IN FIRST QUARTER : economist
RE
04:38aCENTRAL BANK OF KUWAIT : CBK launching Diraya Financial Awareness Campaign
PU
04:37aGlobal stocks rise on recovery hopes
RE
04:36aLONDON STOCK EXCHANGE : Travel stocks pull FTSE 100 lower as virus risks weigh
RE
04:36aEUROPEAN EXTERNAL ACTION SERVICE : MONGOLIA – Weekly press review 25 January 2021
PU
04:35aEXCLUSIVE : Taiwan ministry says TSMC will prioritise auto chips if possible
RE
Latest news "Economy & Forex"