Empowering Nations Through Innovation and Sustainability
Response to COVID-19
NDB targets to provide up to US$ 10bn in crisis-related assistance, including for health and social
safety expenditures, as well as supporting member states' economic recovery
New
Development
Bank
April 2, 2021
Brazil
Russia
India
China
South Africa
Board Approval
Date
July 20, 2020
December 7,
2020
March 25, 2021
April 30, 2020
December 11,
2020
Project Amount US$ 1bn
US$ 1bn
US$ 1bn
US$ 1bn
US$ 1bn
March 19, 2020
CNY 7bn
(~US$ 1bn)
February 26,
2021
CNY 7bn
(~US$ 1.1bn)
June 19, 2020
Implementation Ministry of
Agency
Citizenship
Objective
Support the
Government of
Brazil to
strengthen social
safety nets and
to address
immediate
socio-economic
impacts arising
from the COVID-
19 outbreak,
particularly on
the most
vulnerable
population, who
have been
heavily impacted
Brazilian
Development
Bank (BNDES)
Improve SMEs'
access to credit
by providing
guarantees to
help them
Ministry of Finance
Support of frontline
health workers, including
doctors, nurses and junior
medical staff, who provide
medical care for the
Ministry of Finance
Support the
Government of
India in its
efforts to
contain the
overcome any
temporary
liquidity
diagnosis and treatment of spread of
COVID-19
COVID-19 and
reduce human,
social and
economic losses
problem, ensure
the continuity of
their operations,
and strengthen
their financial
sustainability,
thereby
preventing
significant loss
of jobs
Support
economic
recovery through
natural resource
management
works to
facilitate
economic
activity and rural
employment
generation to
stimulate rural
demand
Hubei,
Guangdong and
Henan Provincial
Governments
Provide an
emergency
assistance to
China in
combating the
outbreak of
COVID-19,
through fiscal
support to key
stakeholders, at
the national
level, the
provincial levels
of the 3
provinces and
the municipal
levels within the
provinces
Export-Import
Bank of China
and Agricultural
Development
Bank of China
Support projects
in the sectors
directly hit by
the COVID-19
pandemic such
as trade,
logistics,
agriculture,
health, labor
intensive
infrastructure
sectors, as well
as innovative
and high-tech
infrastructure
US$ 1bn
National
Department of
Health and
Department of
Social
Development
Assist the
Government of
South Africa in
its efforts to
combat the
outbreak of
COVID-19,
minimize the
loss of human
life, and reduce
social and
economic losses
US$ 1bn
Government of
South Africa
Contribute to
creating and
supporting
employment
opportunities in
public sector and
to helping
temporarily
jobless population
remain in the
labor market
Note: As of December 31, 2021. NDB COVID-19 Emergency Program is available at: https://www.ndb.int/covid-19-response-programme/
O 2021 New Development Bank
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