Minister Praises Asian Infrastructure Investment Bank Over COVID Aid


Source: ndtv.com ndtv.com

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Union Minister of Finance Nirmala Sitharaman on Tuesday praised the efforts of Asian Infrastructure Investment Bank (AIIB) for fast-tracking financial assistance of about $10 billion to its member countries including India to combat the coronavirus pandemic. Attending the fifth annual meeting of the Board of Governors of AIIB through video conference in the national capital, Ms Sitharaman spoke about Prime Minister Narendra Modi's initiative of creating a COVID-19 emergency fund for the South Asian Association for Regional Cooperation (SAARC) nations, India's efforts in supplying critical medical health kits to tackle COVID-19, and now supporting global efforts of coronavirus vaccine trials....