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The World Bank Group has provided over $157bn in 15 months as financing relief to help developing countries survive the impacts of the COVID-19 pandemic.
This was contained in a press statement titled ‘World Bank Group’s $157bn pandemic surge is largest crisis response in its history’ which published on the bank’s website. The statement said, “In response to COVID-19 severely damaging the lives and livelihoods of millions of people in developing countries, the World Bank Group deployed over $157bn to fight the pandemic’s health, economic, and social impacts over the last 15 months .
“This is the largest crisis response of any such period in the bank group’s history and represents an increase of more than 60 per cent over the 15-month period prior to the pandemic.Read Also
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