Japan announces emergency loan for India to fight Covid-19 pandemic
Hindustan TimesJapan announced on Monday it will extend a emergency support loan of up to 50 billion yen to back India’s response to the Covid-19 crisis, including implementation of health and medical policies and development of hospitals equipped with ICUs. Japanese ambassador Satoshi Suzuki and CS Mohapatra, additional secretary in India’s department of economic affairs exchanged notes regarding the provision of the yen loan for the response to the Covid-19 emergency. Japanese ambassador Satoshi Suzuki, and CS Mohapatra, additional secretary in India’s department of economic affairs exchanged notes regarding the provision of the yen loan for the response to the Covid-19 emergency. The “Covid-19 crisis response emergency support loan” will back the “implementation of health and medical policy by the government of India, and will lead to the development of hospitals equipped with ICUs and infection prevention and management facilities, which are undersupplied in India”, the statement said.