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Montevideo, December 22nd 2024 - 21:16 UTC

Tag: fast track financing

  • Tuesday, March 24th 2020 - 08:46 UTC

    World Bank approves fast track financing to respond to Covid 19

    ”This package provides urgent support to businesses and their workers to reduce the financial and economic impact of the spread of Covid-19,” said David Malpass

    The World Bank and IFC’s Boards of Directors approved an increased US$ 14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. The package will strengthen national systems for public health preparedness, including for disease containment, diagnosis, and treatment, and support the private sector.