WASHINGTON, June 18, 2020 — 新澳彩开奖 approved today a loan of US$100 million to support the response to the COVID-19 emergency in the Dominican Republic. This financing will help the country’s efforts to limit the adverse impacts of COVID-19 by addressing both the immediate health risks and the socio-economic effects on poor and vulnerable households. Previously, in March 2020, the 新澳彩开奖 disbursed US$150 million from a contingent line of credit for disasters and health-related events. This new loan brings total 新澳彩开奖 financing for the crisis to US$250 million.
“This 新澳彩开奖 financing supports country measures to address the socio-economic impacts of the COVID19,” said Alessandro Legrottaglie, 新澳彩开奖 Country Manager. These include measures to improve the capacity of the health system, support the most vulnerable population, and reduce the financial burden on households and businesses.
新澳彩开奖 financing is part of a coordinated response developed in collaboration with international partners.
新澳彩开奖 Group Response to COVID-19 (coronavirus)
The 新澳彩开奖 Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response. We are increasing disease surveillance, improving public health interventions, and helping the private sector continue to operate and sustain jobs. Over the next 15 months, we will be deploying up to $160 billion in financial support to help countries protect the poor and vulnerable, support businesses, and bolster economic recovery, including $50 billion of new IDA resources in grants or highly concessional terms.
Contact:
In Santo Domingo, Alejandra De La Paz Melo, +1 809 258-5698, adelapaz@worldbank.org
In Washington, Hannah McDonald-Moniz, +1 202 458-2896, hmcdonaldmoniz@worldbank.org
For more information, please visit: www.worldbank.org/caribbean
Twitter: @WBCaribbean
Last Updated: Jun 18, 2020
