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.
The World Bank on Tuesday said it had increased to $14 billion the amount of fast-track financing available to members to respond to the global coronavirus pandemic, adding $2 billion to an initial package announced on March 3.
The International Monetary Fund and World Bank said on Tuesday they were testing the ability of thousands of staff members in Washington to work remotely as they prepare for virtual Spring Meetings next month because of the fast-spreading coronavirus.
Sudan has agreed to compensate the families of sailors killed in an al Qaeda attack on the USS Cole warship 20 years ago, state news agency SUNA said on Thursday, part of government efforts to remove the country from a list of state sponsors of terrorism.
Ministers from Egypt, Ethiopia and Sudan agreed to reconvene in Washington later this month to finalize an agreement on a giant hydropower dam on the Blue Nile.