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AIIB launches $10 billion support facility for countries hit by Middle East conflict, India among key shareholders
The Asian Infrastructure Investment Bank (AIIB) has launched a $10 billion fund facility to support member countries affected by the economic fallout of the ongoing Middle East conflict, PTI reported. India is the second-largest shareholder in the China-led multilateral lender after China.
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scmp.com
AIIB launches US$10 billion facility to help nations hit by Iran war fallout
The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.
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timesofindia.indiatimes.com
AIIB launches $10 billion support facility for countries hit by Middle East conflict, India among key shareholders
The Asian Infrastructure Investment Bank (AIIB) has launched a $10 billion fund facility to support member countries affected by the economic fallout of the ongoing Middle East…
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economictimes.indiatimes.com
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflict
Supplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two years, which provides "exceptional…