ADB committed record US$4.6-bn loans to India in 2021

The Asian Development Bank (ADB) on February 06, 2022 said it provided a record USD 4.6 billion loans to India in 2021, including USD 1.8 billion towards coronavirus response. “The Asian Development Bank committed a record USD 4.6 billion in sovereign lending to India in 2021 for 17 loans.

The USD 1.8 billion COVID-19-related assistance included USD 1.5 billion for vaccine procurement and USD 300 million to strengthen primary health care in urban areas and the country’s future pandemic preparedness.