In the Spotlight
ADB Project Expands Food Stamps and Cash Grants for Poor and Vulnerable in Mongolia in Wake of COVID-19
ADB has approved a $26.4 million loan to lessen the socioeconomic impacts of the coronavirus disease (COVID-19) pandemic on poor and vulnerable groups in Mongolia, especially women and children.
威廉希尔体育ADB has provided $2.6 million in quick funding to boost Mongolia’s response and readiness for COVID-19, providing equipment to hospitals and customs officers across the country
The loan to the Government of Mongolia will be used to mitigate the severe health and economic impacts of the novel coronavirus disease (COVID-19) pandemic.
威廉希尔体育ADB and the Government of Mongolia signed $40 million in loans and a $2 million Japan Fund for Poverty Reduction (JFPR) grant to support the modernization of government-owned irrigation networks and vegetable production in Mongolia. A total of 3,458 households are expected to benefit, including 1,041 poor households.