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.
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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.
