The Asian development Bank will provide Georgia with testing equipment
The Asian development Bank (ADB) will provide grant assistance to Georgia in the amount of 440 thousand euros for the purchase of rapid testing equipment for coronavirus infection. This is stated in a message on the ADB website.
Deliveries of fully automated high-performance PCR testing equipment will be made by Roche Diagnostics Turkey, A. S. the Recipient will be the Ministry of health of Georgia.
According to the Ministry of health, the new equipment will increase the productivity of the national laboratory by 2000 tests per day.
"Georgia has been surprisingly successful in responding to the challenges of the pandemic, preventing the spread of the virus and providing support to industries and businesses that have been most affected. The equipment purchased under the ADB grant will increase the testing capabilities needed to contain the further spread of the virus, especially in the context of gradual lifting of restrictions and economic recovery," said Shane Rosenthal, permanent representative of the ADB in Georgia.
ADB is currently implementing the COVID-19 Active response and cost assistance (CARES) program in Georgia. Allocated funds will be used to mitigate economic costs created by the pandemic, improving macroeconomic conditions and the welfare of the population, with particular attention to the most vulnerable groups of the population whose livelihood was severely affected by the pandemic.
The funding includes tax deferrals for more than four thousand small and medium-sized tourism businesses, as well as loan subsidies for at least two thousand small and medium-sized hotels.
The loan will also be used to help vulnerable groups. Thus, about 350 thousand citizens who are at risk of losing their jobs due to the pandemic will receive temporary financial assistance, 250 thousand self-employed citizens and 1.2 million citizens will subsidize utility bills. In addition, prices for nine main products will be fixed for six months.
The Asian development Bank (CARES) package was developed in collaboration with the International monetary Fund and other development partners as part of a coordinated effort to address the COVID-19 crisis in Georgia.
The goal of the Asian development Bank is to promote successful, multi — stakeholder development in the Asia-Pacific region. At the same time, it continues to work to eradicate extreme poverty in the region. Founded in 1966, the organization unites 68 countries, including 49 from the Asian region.
Source newsgeorgia.ge
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The Asian development Bank will provide Georgia with testing equipment
The Asian development Bank (ADB) will provide grant assistance to Georgia in the amount of 440 thousand euros for the purchase of rapid testing equipment for coronavirus infection. This is stated in a message on the ADB website.
Deliveries of fully automated high-performance PCR testing equipment will be made by Roche Diagnostics Turkey, A. S. the Recipient will be the Ministry of health of Georgia.
According to the Ministry of health, the new equipment will increase the productivity of the national laboratory by 2000 tests per day.
"Georgia has been surprisingly successful in responding to the challenges of the pandemic, preventing the spread of the virus and providing support to industries and businesses that have been most affected. The equipment purchased under the ADB grant will increase the testing capabilities needed to contain the further spread of the virus, especially in the context of gradual lifting of restrictions and economic recovery," said Shane Rosenthal, permanent representative of the ADB in Georgia.
ADB is currently implementing the COVID-19 Active response and cost assistance (CARES) program in Georgia. Allocated funds will be used to mitigate economic costs created by the pandemic, improving macroeconomic conditions and the welfare of the population, with particular attention to the most vulnerable groups of the population whose livelihood was severely affected by the pandemic.
The funding includes tax deferrals for more than four thousand small and medium-sized tourism businesses, as well as loan subsidies for at least two thousand small and medium-sized hotels.
The loan will also be used to help vulnerable groups. Thus, about 350 thousand citizens who are at risk of losing their jobs due to the pandemic will receive temporary financial assistance, 250 thousand self-employed citizens and 1.2 million citizens will subsidize utility bills. In addition, prices for nine main products will be fixed for six months.
The Asian development Bank (CARES) package was developed in collaboration with the International monetary Fund and other development partners as part of a coordinated effort to address the COVID-19 crisis in Georgia.
The goal of the Asian development Bank is to promote successful, multi — stakeholder development in the Asia-Pacific region. At the same time, it continues to work to eradicate extreme poverty in the region. Founded in 1966, the organization unites 68 countries, including 49 from the Asian region.
Source newsgeorgia.ge
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