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Covid: ADB approves $1.5 bn loan to India for purchasing vaccines

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₹11,185 crore) loan to India for purchase of Covid-19 vaccines. "ADB today approved a $1.5 billion loan to help the Government of India purchase safe and effective vaccines against the coronavirus disease (Covid-19)," ADB said in a statement on Thursday.#ADBNEWS: The $1.5 billion loan will help the Government of India purchase safe and effective vaccines against COVID-19.Read ⬇️ The Asian Infrastructure Investment Bank is expected to co-finance an additional $500 million for the project, it said.

ADB said the loan will support India’s national deployment and vaccination plan which aims to fully vaccinate 944.7 million people aged 18 years old and above, accounting for 68.9% of the population.

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