Poket News

COVID 19 pandemic: Funding for poorest countries

 

  • World Bank to propose 25 billion in extra funding for poorest countries with the challenges of the COVID 19 pandemic.
  • World Bank Chief, told finance ministers & central bank govts of the G20 major economies that he would propose the supplemental financing package later this month to deputies of the IDA.
  • Mr Malpass said the World Bank and International Monetary Fund have proposed a joint action plan to help the most heavily-indebted IDA countries.