Business

AIIB launches $10 billion support facility for countries hit by Middle East conflict, India among key shareholders

India’s second-largest shareholder, the Asian Infrastructure Investment Bank (AIIB), has launched a $10 billion fund to aid member nations grappling with the Middle East conflict’s economic fallout. This facility offers crucial support for energy and food security, alongside economic resilience, through fast-disbursing aid and liquidity for affected countries and businesses.

Leave a Reply

Your email address will not be published. Required fields are marked *