3 minutes agoThe World Bank allocates $12 billion for Coronavirus
Periskopi(6 years ago)
(6 years ago)The World Bank will allocate $12 billion as assistance to countries that are facing the spread of the Coronobrus. The package of this financial assistance includes low interest loans, grants, and technical assistance. This move came at a time when world leaders have vowed to protect their countries [...]
The package of this financial assistance includes low interest loans, grants, and technical assistance.
The move came at the time when world leaders have pledged to protect their countries from the negative economic impact of the coronary, and when there were warnings that the spread of states could plunge into recession, the BBC writes.
The World Bank said the priority is the poorest and most endangered countries.
Financial assistance will be provided in order to improve public health services and co-operation with the private sector for reducing the negative impact of coronary on the economy.
