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Gabon: African Development Bank approves 100.5 million euros budget support for COVID-19

June 26, 2020

Download logoThe Board of Directors of the African Development Bank (https://www.AfDB.org/) has approved a 100.5 million euros loan to the government of Gabon as budget support to mitigate against the effects of the COVID-19 outbreak.

The loan will support the central African nation’s Budget Support Programme in Response to the COVID-19 Crisis or PABURC, which aims to strengthen the health system and mitigate the socio-economic impact of the pandemic on households and businesses.

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The post Gabon: African Development Bank approves 100.5 million euros budget support for COVID-19 appeared first on CNBC Africa.

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Source : African Media Agency (AMA)

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