ADB announces financial assistance of Tk 1,000 crore to India

BanglaHunt Desk: The corona virus from China has ravaged the world. Many people have died of the virus. Many have been infected. Masatsugu Asakawa praised the initiative India has taken to combat Corona. Finance Minister Nirmala Sitharamanake on Friday called Masatugu Asakawa, president of the Asian Development Bank (Asian Development Bank). He praised the initiative India has taken to combat Corona. At the same time, he promised that ADB would give India $ 225 million, ie about Rs.

The Finance Minister has announced a package of Tk 4,000 crore to boost the economy of Corona. In that sense, the poorest sections of the society, women and workers in lockdown are said to be relieved. We are now ready to help $ 22 billion in the health of India. India will be helped more if needed. ” The ADB announced on March 3 that its member countries, including India, will receive $ 1 billion in aid.

Meanwhile, the International Monetary Fund (IMF), Kristalina Giorgieva, has spoken of serious fears over Corona's push into the global economy. He said on Thursday that the damage caused by the coroner would be recorded in the records of all disasters of the past century. He said that the global economy's graph in 2021 will go down after eating a lot. The chief of the World Bank said the biggest initiative needed to tackle the push. Pramod, a member of the IMF's 4 members, said the average income per capita worldwide would be reduced by one hit.

“We think this is the first major storm that has hit the world economy since the Great Depression,” Georgiyeva added. He said the top officials of the IMF and the World Bank will hold a meeting via video conference next week. In his words, the IMF thinks the virus will have an impact on the economy by the end of this year. Lockdowns will also be issued in several parts of the country. The economy, which suffered a huge loss, will have to repair a small part of it next year. His words are clear that this year there is no place for the economy to recover.

However, the former Oxford University did not hide the serious uncertainty the world economy was facing. He said several countries had already begun to take action. All countries must take steps to strengthen the business lifeline. That is, governments have to ensure that minimum purchasing power is in the hands of the vast majority of people. Otherwise, the market will not create demand. As a result, production of the virus starts to decline after the outbreak of the virus, but it will be pushed.

General Chat Chat Lounge