Sat, 24 Oct 2020

DHAKA, Sept. 29 (Xinhua) -- The Asian Development Bank (ADB) and the Bangladeshi government Tuesday signed agreement for 3 million U.S. dollars in grant for procuring urgent medical supplies including vaccine for the COVID-19.

Fatima Yasmin, secretary of Bangladesh's Economic Relations Division (ERD), and Manmohan Parkash, country director of ADB in Bangladesh, Tuesday virtually signed the grant agreement on behalf of Bangladesh and ADB, respectively.

"We are very pleased to provide this grant assistance that can be used to procure COVID-19 vaccine, which is under development, and the government is trying to source it at the earliest for the people of Bangladesh," said Parkash.

"While the COVID-19 pandemic remains under control, providing vaccine to the people is an urgent priority to tame the disease for resuming economic activities in full swing."

The new assistance builds on ADB's previous support of around 603 million U.S. dollars in loans and grants to contain and mitigate the COVID-19 pandemic in Bangladesh.

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