Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Wednesday, August 5, 2020 10:41:27 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Europe mobilising over € 334mn for fight against Covid-19 in Bangladesh

photo by

By ONLINE DESK
21st-May-2020       
Share
  • Twitter
  • Google+
  • Save
  • E-mail
  • Print
Comments
Share your thought
Post a comment »
Read all () »

The European Union (EU) on Wednesday said the team Europe is mobilising over € 334 million or around Tk 31 billion for the fight against Covid-19 and its consequences in Bangladesh.
 The EU said COVID-19 knows no borders, said the EU Embassy in Dhaka.
 Therefore, the European Union (EU), its Member States and the European financial institutions, decided to join forces as Team Europe (#TeamEurope) to tackle the pandemic.
 As a result, a global EU response of EUR 20 billion was launched to help mitigate the spread of the virus and to reduce spillover effects on economic and social stability in partner countries.
 “COVID-19 knows no borders and hits the most vulnerable hardest. Team Europe’s support of some EUR 334 million will assist the Government of Bangladesh in providing support to those who are most affected by COVID-19, in terms of health and livelihoods,” said the Ambassador of the EU, Rensje Teerink.
 “#TeamEurope trusts that all Bangladeshis, and in particular millions of the most affected people, will benefit from these interventions. #TeamEurope is the tangible expression of the exceptional European efforts to lead the fight against COVID-19 and to express our global solidarity.”
 In its ongoing development cooperation programmes in Bangladesh the EU is already addressing many areas crucial in the COVID-response and the recovery of the economy.
 On top of that, the EU announced that EUR 334 million have been allocated to help fight the pandemic and that more funds may be mobilised in the near future.
 In particular, EUR 263 million to mitigate the economic and social impact of COVID-19. Of this, a EUR 93 million EU grant plus a EUR 20 million German grant will help the Government to provide cash assistance to workers in the export-oriented industries adversely affected by the economic fallout of the pandemic, and contribute to boost the resilience of the national social protection system.
 In addition, the French Development Agency - Agence Française de Développement – (AFD) will support the Bangladesh Government with EUR 150 million to improve the country’s social protection measures.
 EUR 64.8 million (EUR 16.5 million from the EU plus EUR 48.3 million from Germany) will be used to scale up interventions through the United Nations (UN) and NGO partners for vulnerable Bangladeshi host communities and Rohingya in Cox’s Bazar.  
 EUR 5.5 million aims at strengthening Bangladesh’s research and health systems as follows: an EU grant of nearly EUR 3 million to the World Health Organization (WHO) for the Government Preparedness and Response Plan.
 An EU grant of EUR 246,000 will assist the Directorate General of Health Services (DGHS) with operational and technical support.
 In addition, Sweden is supporting the health sector through UN and NGOs with the following programmes: ‘Urban Health on Risk Communication and PPE in Urban Settings’ (EUR 1,385,000); ‘WASH, Handwashing Facilities and Information in Urban Slums’ (EUR 462,000) and the ‘Midwifery Programme with PPE, Training and Triage’ (EUR 462,000).
 Another grant of EUR 714,383 out of which 618,383 from the EU and EUR 96,000 from Germany will address the urgent needs of ultra-poor and vulnerable people in the urban areas of  Dhaka and rural areas in the country.
 This contribution will support direct cash transfers to vulnerable households and awareness campaigns to reduce the spread of the virus.
 At the global level, #TeamEurope has joined forces with other multilateral partners and IFIs (Word Bank, IMF, ADB) by contributing 22% of the USD 88 billion global response against COVID-19. Bangladesh will also benefit from the funds that the EU and its Member States have made available to its multilateral partners to tackle the pandemic.
  #TeamEurope’s response is about combining the collective development resources of the EU, its Member States and their respective financial institutions and implementing agencies, in particular the European Investment Bank, as well as the European Bank for Reconstruction and Development.  

Tariff
Add Rate

News Archive

Inside The New Nation

City »

President Abdul Hamid offers Munajat after saying Eid-ul-Azha prayers at Bangabhaban Darbar Hall on Saturday.


International »

Thai protesters openly criticize monarchy


Reuters, Bangkok :Speakers at a Thai anti-government protest demanded reforms to the monarchy of King Maha Vajiralongkorn on Monday, calling for its powers to be curbed in unusually frank public comments.Defaming the monarchy is punishable by up to 15 years in prison under Thailand's 'lese majeste' laws. Police did not ...

International »

Spain puzzles over ex-King Juan Carlos's whereabouts


There is intense speculation in the Spanish media about the whereabouts of embattled ex-King Juan Carlos, after his shock announcement on Monday that he was leaving the country.The 82-year-old, who is targeted by a corruption probe, announced the move in a letter posted on the royal website.It gave no details ...

Sports »

Donna Vekic wins as WTA Tour resumes in Italy


Donna Vekic won the first main-draw match following the resumption of the WTA Tour as she beat Arantxa Rus in the first round of the Palermo Open.The Croatian beat her Dutch opponent 6-1 6-2 at the clay-court event on the Italian island of Sicily.The tournament marks the return of professional ...

Cricket »

Sheikh Kamal's 71st Birth anniversary today


Abahani Limited have chalked out various day-long programmes to observe the 71st Birth anniversary of Shaheed Sheikh Kamal, the eldest son of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, today.The directors and officials of Abahani Club will pay tribute to Sheikh Kamal by placing wreaths on his portrait on ...

Business & Economy »

Mamoon Mahmood Shah, Managing Director & CEO (Current Charge) of NRB Bank Limited, cutting cake to celebrate the bank's 7th Anniversary with the slogan 'Marching Towards Success & Sustainability' at its Corporate Head Office in the capital on Tuesday. Md Khurshed Alam, Deputy Managing Director, was also present.


Editorial »

Ominous signals for leather industry


THE rawhide market for sacrificial animal this year during the Eid-ul-Azha has almost collapsed like last year's literally wiping out seasonal traders and madrasha volunteers who have so far collected rawhide from door to door. Previously they would deposit the sale proceeds as charitable contribution to madrashas and such other ...

Editorial »

Time is hard and heartbreaking yet we wish all Eid Mubarak!


EID ul Azha or 'Feast of the Sacrifice', is the second of two such holidays celebrated worldwide each year by Muslims. It honors the willingness of the Prophet Ibrahim to sacrifice his son Ismail as an act of obedience to the command of Allah. In commemoration of this intervention, an ...

City »

Sparse presence of buyers at the makeshift shop of spices ahead of Eid-ul-Azha. The snap was taken from the city's Baitul Mokarram area on Thursday.


.

Entertainment »

Madonnas Instagram account flagged for spreading misinformation about Covid-19 vaccine


Instagram has flagged a video by Madonna which claimed that Covid-19 had already been found, but the vaccine is being hidden to ‘let the rich get richer.’ Instagram blurred out the video with a caption saying: “False Information,” reported by BBC. It also directed users to a page debunking the ...

International »

Hong Kong bars 12 from election, but denies impinging on civil rights


Reuters, Hong Kong :Hong Kong's government said on Thursday 12 pro-democracy candidates had been disqualified from running for election to the legislature, citing opposition to a new national security law imposed by Beijing, but denied infringing civil rights.Disqualified candidates included pro-democracy activist Joshua Wong, some members of the Civic Party, ...

Business & Economy »

Zaman Ara Begum, Director, Padma Islami Life Insurance Limited, inaugurates the Wireless Moor sub-branch under Mouchak Branch of Islami Bank Bangladesh Limited in the city on Monday as chief guest. Md. Altaf Hossain, SEVP & Head of Dhaka Central Zone of the bank, businesspersons, professionals and local elite were present.


.

Editorial »

People are almost starving since govt failed to continue OMS support


THE government has suspended the special open market sale (OMS) of rice introduced to help the urban poor who were forced to cut food consumption after being hit by the coronavirus crisis. Though normalcy yet to be restored and nobody has a clear idea when the economy will resume in ...

City »

Director General of Bangladesh Coastguard Rear Admiral M Ashraful Haque inaugurates tree plantation programme at the Coastguard Headquarters in the city on Wednesday on the occasion of 'Mujib Year'


.

Entertainment »

Justin Bieber shares his desire to help others in need


Pop star Justin Bieber has shared an inspirational post about having compassion for those who are hurting. The 26-year-old took to his Instagram and posted: “My desire is to be slow to speak and quick to listen. My desire is to see people the way God sees people. My desire ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news