AIIB launches $10 billion support facility for countries hit by Middle East conflict, India among key shareholders
TIMESOFINDIA.COM / May 22, 2026, 17:36 (IST)
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.