COVID-19: World Bank approves 500 million-dollar loan
The loan is part of the World Bank’s long-standing support to the Philippines for broader policy reforms to boost resilience and capability to prepare for and recover from disasters.Speaking about the recent development, World Bank official, Achim Fock said that natural disasters and pandemics disproportionately hurt low-income families and communities.
NAN reports that the Department of Health on Thursday reported 206 new confirmed cases of COVID-19 in the Philippines, bringing the country’s total to 4,076. The government earlier extended a lockdown on the main island of Luzon, which is home to the capital Manila.
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