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Pakistan To Benefit From World Bank Disbursement Program of USD160 Billion To Fight Covid

USD50 billion would be disburse through grants and concessional loans

admin-augaf by admin-augaf
June 29, 2021
in Finance, International
Reading Time: 1 min read
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Pakistan To Benefit From World Bank Disbursement Program of USD160 Billion To Fight Covid
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WASHINGTON June 28 2021: The World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action (World Bank Disbursement Program) to help developing countries strengthen their pandemic response.


A L S O || R E A D

World Bank Approves USD800 million For Pakistan


The Bank Group is supporting public health interventions, working to ensure the flow of critical supplies and equipment, and helping the private sector continue to operate and sustain jobs.

The Bank Group will be deploying up to USD160 billion in financial support over 15 months to help more than 100 countries protect the poor and vulnerable, support businesses, and bolster economic recovery. The World Bank Disbursement Program includes USD50 billion of new IDA resources through grants and highly concessional loans.

Source: World Bank

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