World Bank to roll out $160 bln emergency aid over 15 months

Washington (AFP) – The World Bank on Thursday approved the first steps in a plan to roll out $160 billion in emergency aid over 15 months to help countries deal with the impact of the global coronavirus pandemic.The board of the Washington-based development lender approved the first set of fast-track crisis projects, with an initial $1.9 billion going to 25 countries, and operations moving forward in another 40 nations, the bank said in a statement.”The goal of the World Bank in this crisis has been to take broad, fast action, that makes it most effective if we can have a broad response that h…

Read More