Submitted By: Alka On April 03, 2020 09:04 AM IST
World Bank has approved $1 billion financial support to help India prevent, detect and respond to COVID-19 pandemic and strengthen India’s public health preparedness.
The emergency fund will cover all states and Union Territories across India, addressing the needs of infected people, at-risk populations, medical and emergency personnel and service providers, medical and testing facilities and national and animal health agencies.
World Bank revealed that the first group of projects amounting $1.9 billion, will assist 25 countries and new operations are moving forward in over 40 counties using the fast track process.
Launching an emergency package to help counties in every region fight against the pandemic coronavirus COVID-19 is such a great effort by World Bank Organization.
World Bank President David Malpass also predicted that the bank could provide up to $160 billion in assistance over the next 15 months.
Beside India, World Bank also provided $5.8 million to help Polestinians, $128.6 million to SriLanka, $7.3 million to Maldives, and also Pakistan.
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