- Advertisement -

Emergency Aid : World Bank Approves $160b Aid To Deal Virus Pandemic

The World Bank has approved 160 Billion Dollar Emergency Aid over 15 months to help countries deal with the impact of the Global Coronavirus Pandemic.

70

Emergency Aid : World Bank Approves $160b Aid To Deal Virus Pandemic

The World Bank has approved 160 Billion Dollar Emergency Aid over 15 months to help countries deal with the impact of the Global Coronavirus Pandemic.

In a statement, the Bank said that its Board approved the first set of fast-track crisis projects with an initial 1.9 Billion Dollar going to 25 countries and operations moving forward in another 40 Nations.

Talking to reporters in Washington, World Bank President David Malpass said our teams around the World remain focused on country-level and regional solutions to address the ongoing crisis.

India will be the largest beneficiary of the first wave of programs with a facility for one billion Dollar, followed by Pakistan with 200 million Dollar and Afghanistan with over 100 million Dollar.

READ MORE UN Chief Makes An Urgent Appeal For Avoiding War In Gulf(Opens in a new browser tab)

- Advertisement -

Leave A Reply

Your email address will not be published.