The World Bank is giving 9.3 billion to the poorest countries
Coronavirus epidemics have devastated economies around the world. The World Bank has announced special financial assistance of US 9.3 billion to improve the situation of poor countries. The company made the announcement on Wednesday.
According to the AFP news agency, this is the largest financial support from the International Development Association (IDA), the World Bank’s lending partner. The World Bank provides financial assistance to 64 countries. Most of these countries are in Africa.
Announcing the funding, the World Bank said the fund would help deal with any future crises, including epidemics and natural disasters.
Of the money that is being provided by the World Bank, 23.5 billion has come from high and middle income countries. In addition, money came from the capital market and the World Bank’s own funds. World Bank President David Malpas sees this as an important step in tackling the corona crisis in poor countries.
James Amato is an expert in the technology industry and a respected journalist who covers technology, lifestyle, and healthcare. He has a wealth of knowledge and experience in the technology sector, and is known for his ability to analyze and report on the latest trends and developments in the industry.
Amato has a unique perspective on technology’s impact on our daily lives, and his writing focuses on how technology is shaping our society, including healthcare and lifestyle. He has a degree in computer science and a master’s degree in journalism. He has worked for reputed publications. Amato is a thought leader in the technology industry, and his articles are widely read and respected for their in-depth analysis and insightful commentary. He is also a regular speaker on technology and healthcare at various conferences and events.
Email: [email protected]
Address: 10397 217th Place Northeast, Arlington, WA 98223 USA
Contact number: 451-343-5468