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BRIEF June 30, 2021

World Bank’s Operational Response to COVID-19 (Coronavirus) in East Asia and the Pacific

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The World Bank


The COVID-19 (coronavirus) pandemic has taken a drastic human toll, and the economic and social impacts of the pandemic are reverberating globally. to help developing countries strengthen their pandemic response and health care systems.

Since April 2020, the World Bank Group has deployed over $157 billion to fight the health, economic, and social impacts of the pandemic, the fastest and largest crisis response in its history. The financing is helping more than 100 countries strengthen pandemic preparedness, protect the poor and jobs, and jump start a climate-friendly recovery. 

In the East Asia and Pacific (EAP) region, where the pandemic first hit, emergency operations have already been approved under the COVID-19 fast-track facility for Cambodia, Fiji, Indonesia, Kiribati, Lao PDR, Marshall Islands, Mongolia, Myanmar, Papua New Guinea, Philippines, Samoa, Solomon Islands, Timor-Leste, and Vietnam. 

These operations provide emergency financing for the purchase of medical and laboratory supplies, training of medical staff, and strengthening national public health systems. Each country-level operation is tailored to the specific context and epidemic status of the country.

The World Bank is also working with countries to redeploy existing projects to fight the COVID-19 pandemic by reallocating funds, triggering emergency components of existing projects, and activating Catastrophe Deferred Drawdown Options (CAT DDOs). So far this has been done in Cambodia, the Federated States of Micronesia, Mongolia, the Philippines, Tonga, Tuvalu, Samoa, and Vanuatu.   

In a second phase of the COVID-19 response, to help countries address the anticipated severe economic, social and poverty impacts, the Bank is working with countries to strengthen social protection measures for the poor and vulnerable, support businesses and safeguard jobs, and advance the reforms needed to shorten the time to recovery and build conditions for broad-based and sustainable growth.

To provide relief for vulnerable populations, low- and middle-income countries need fair, broad, and fast access to effective and safe vaccines. That is why the World Bank is providing $20 billion to low- and middle-income countries purchase and distribute vaccines, tests, and treatments, over the next 18 months, adding $8 billion to the previously announced $12 billion

Learn more about the World Bank's support for countries across the East Asia and Pacific region:

Countries benefiting from the dedicated COVID-19 Fast-Track Facility

As of June 25, 2021

Countries benefiting from other forms of finance/redeploying of existing projects

As of June 28, 2021

Vaccines

As of June 25, 2021