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Tag Archives: World Bank

IMF has strong resources to deal with virus crisis, working to identify more – Officials

2 April 2020, 3:11 AM

The coronavirus pandemic is putting increasing strains on emerging market economies, but the International Monetary Fund has sufficient resources to meet their needs for now, IMF officials said on Wednesday.

World Bank approves delayed $500 million education loan to Tanzania

1 April 2020, 7:22 PM

The World Bank has approved a $500 million education loan to Tanzania after years of delays because of concerns about the country’s policy of banning pregnant students from public schools.

World Bank urges G20 to refrain from export restrictions for pandemic supplies

31 March 2020, 1:35 AM

The World Bank on Monday urged the Group of 20 major economies (G20) to refrain from imposing new export restrictions on critical medical supplies, food or other key products as the world battles the devastating coronavirus pandemic.

World Bank, IMF urge debt relief for poorer countries hit by coronavirus

29 March 2020, 12:29 AM

The heads of the World Bank and International Monetary Fund on Friday underscored the need to provide debt relief to poorer countries hit by the coronavirus pandemic, and said official bilateral creditors would have to play a major role.

World Bank moving forward on first $1.7 billion in pandemic aid projects

23 March 2020, 1:00 AM

The World Bank’s executive board is expected to consider later this week the first fast-track funds to help Afghanistan and Ethiopia respond to the coronavirus pandemic, the Bank’s president said on Sunday.

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