Recognizing the urgency of the global coronavirus pandemic, ADB President Masatsugu Asakawa introduces ADB’s new $6.5 billion assistance package for its developing members. “It is our profound determination to help combat the pandemic; to protect the poor, the vulnerable, and wider populations across the region; and to ensure economies will rebound as swiftly as possible,” he says.
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.
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ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
ADB President Masatsugu Asakawa Announces $6.5 Billion Initial Response to COVID-19 Pandemic
Video | 18 March 2020
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