World Bank announces up to $12 Billion support for coronavirus country response
World Bank announces up to $12 Billion support for coronavirus country response
10:46, 04.03.2020

“As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak,” the World Bank Group said in its official statement.

The Bank says “this financing is designed to help member countries take effective action to respond to and, where possible, lessen the tragic impacts posed by the COVID-19 (coronavirus).”

“We are working to provide a fast, flexible response based on developing country needs in dealing with the spread of COVID-19. This includes emergency financing, policy advice, and technical assistance, building on the World Bank Group’s existing instruments and expertise to help countries respond to the crisis,” said World Bank Group President David Malpass.





World
coronavirus
World Bank Group
76