COVID-19 Active Response and Expenditure Support Program: Report and Recommendation of the President
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The Islamic Republic of Pakistan for the COVID-19 Active Response and Expenditure Support (CARES) Program is part of an integrated package of support to help the Government of Pakistan’s immediate efforts to mitigate the significant negative health, social, and economic impacts of the coronavirus disease (COVID-19) pandemic. The CARES Program will provide budget support to help finance countercyclical development expenditures. This support will deliver (i) social protection for the poor and vulnerable, (ii) an expanded health sector response to the pandemic, and (iii) a pro-poor fiscal stimulus package to ensure recovery in growth and employment.
The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.
This document dated June 2020 is provided for the ADB project 54193-001 in Pakistan.
Linked Documents
- Loan Agreement
- Development Coordination
- International Monetary Fund Assessment Letter
- Summary Poverty Reduction and Social Strategy
- Risk Assessment and Risk Management Plan
- List of Ineligible Items
- Gender Monitoring Matrix
- Debt Sustainability Analysis
- Safeguards Assessment Matrix
- Public Financial Management Systems in Pakistan