The World Bank is on track to meet the US$160 billion in COVID-19 response commitments and mobilization by the 2021 financial year. This monumental undertaking has seen support already provided to 108 countries by November 2020, with US$6.3 billion spent on emergency health services alone. As the ...
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
The Challenge: Responding to a learning crisis exacerbated by COVID-19. The closure of schools due to the COVID-19 (coronavirus) pandemic has created unprecedented pressure on education, with short and long terms costs that include poorer learning outcomes, lower human capital accumulation, increased inequality, and greater instability.
WASHINGTON, April 2, 2020 –The World Bank Group Board of Executive Directors today approved $47 million in financing from the International Development Association (IDA)* to fund the emergency response to the COVID-19 epidemic in the Democratic Republic of Congo (DRC).. The COVID-19 Strategic Preparedness and Response Project aims to boost the capacity of the government of the DRC to prepare ...
Compounding the human and health costs, the COVID-19 pandemic has hit Russia’s economy hard, with the economy expected to contract by 4 percent in 2020 before returning to growth between 2 and 3 percent in the following two years.
Sustainable Development Bond Raises Awareness for Health and COVID-19 Response. Washington, D.C., April 15, 2020 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD8 billion 5-year global benchmark bond that matures on April 22, 2025.This is the largest ever US dollar denominated bond issued by a supranational.
WASHINGTON, August 10, 2020—World Bank Group commitments to help countries achieve better development outcomes and address the health and economic impacts of the coronavirus disease (COVID-19) rose to $73.4 billion in fiscal year 2020, 23 percent higher than the prior year and the highest level in a decade.The financial statements from the fiscal year highlighted the strength of the ...
https://www.worldbank.org/en/country/nepal/coronavirus
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
https://www.worldbank.org/en/country/ghana
Ghana sits on the Atlantic Ocean and borders Togo, Cote d'Ivoire, and Burkina Faso. It has a population of about 29.6 million (2018). In the past two decades, it has taken major strides toward democracy under a multi-party system, with its independent judiciary winning public trust.
https://www.worldbank.org/en/country/vietnam/overview
The current World Bank Group Country Partnership Framework (CPF) for Vietnam guides the Bank Group's engagements in the country from 2018 to 2022.. Endorsed on May 30, 2017, and reflecting and building on the priorities identified and expressed in the World Bank Group's 2016 Systematic Country Diagnostic, the Vietnam 2035 Report, and the Government of Vietnam’s 2016-2020 Socio-Economic ...