ADB, AIIB processing $2 billion loan for India to buy COVID-19 vaccines

Of the USD 2 billion loan, the Manila-based ADB is expected to finance USD 1.5 billion and AIIB is considering providing USD 500 million, AIIB's Vice President D.J. Pandian said here on Tuesday. "The ADB has agreed to finance USD 1.5 billion and AIIB will supplement with another USD 500 million," Pandian said.

from Economy-News-Economic Times https://ift.tt/3CoaFvA