Middle East

World Bank ramps up support for fragile MENA countries


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Fri, 2020-04-03 10:29

DUBAI: The World Bank has rolled out financial support efforts to address public health needs, particularly for developing countries, amid the coronavirus pandemic.

The international organization said it has been collaborating with countries across the Middle East and North Africa (MENA) to “dispatch immediate help,” Farid Belhaj, World Bank Vice President for MENA, said, as quoted by the Kuwait News Agency.

World Bank earlier announced the Fast-Track COVID-19 Facility for developing nations, which includes financial support, policy advise and technical assistance.

“This effort will continue throughout the crisis and beyond, as we work to save lives, slow the spread of the pandemic, and hasten the recovery across the region,” Belhaj added.

Some of the countries already specified by the World Bank as recipients of the coronavirus aid are Yemen, Lebanon, Egypt, and Morocco.

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