Which global financial organisation announced an assistance of USD 200 million to medicine-manufacturing companies that work to combat COVID-19?
Correct answer: A. Asian Development Bank
- A. Asian Development Bank
- B. International Monetary Fund
- C. World Bank
- D. None of these
Explanation
The Asian Development Bank announced 200 million dollars in support for companies involved in producing medicines and other essential goods during the COVID-19 crisis. The measure targeted shortages and disrupted supply chains.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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