COVID-19 support to Europe and Central Asia from World Bank tops $1.4 billion Anna Bjerde, a Swedish national, became the new World Bank Vice President for Europe and Central Asia on 1 May 2020 and will lead the World Bank’s strategic, analytical, operational and knowledge work in the region.
Uzbekistan’s COVID-19 response gets additional financial boost from World Bank The World Bank’s Board of Executive Directors approved $200 million in additional development policy financing to support Uzbekistan’s ongoing health, social, and economic policy responses to the crisis caused by the COVID-19 pandemic.
World Bank pledges $80 million to support Georgia’s response to COVID-19 pandemic The World Bank will provide $80 million in financial support to Georgia to help the government’s efforts to mitigate and address the health and social impacts of the COVID-19 pandemic.
World Bank approves $53 million to improve heating services and support sustainable livelihoods in Mongolia The World Bank’s Board of Executive Directors approved $53 million in financing for Ulaanbaatar Heating Sector Improvement Project and Additional Financing of the Third Sustainable Livelihoods Project.
Uzbekistan to receive World Bank emergency financing to combat COVID-19 The World Bank approved a $95 million financing package to support Uzbekistan’s immediate response to the impacts of COVID-19 on the health and well-being of its citizens.
World Bank funds transferred to the Government of the Islamic Republic of Afghanistan to fight COVID-19 pandemic The World Bank is announced $20 million has been transferred to the Government of the Islamic Republic of Afghanistan for the emergency response to COVID-19 pandemic, including contracting service providers in all 34 provinces to deploy COVID-19 related services.
Europe and Central Asia: Health systems, safety nets, and support to businesses all critical to protecting lives and livelihoods Decisive policy measures that prioritize investments in health care systems and provide safety nets for people, especially the most vulnerable, are critical to mitigating the impacts of the COVID-19 (coronavirus) pandemic in Europe and Central Asia.
In Georgia, growth projected to slow due to impacts of COVID-19 In Georgia, real GDP growth is projected to slow sharply, to close to zero percent in 2020, as the impacts of COVID-19 add to an already challenging external environment.
$486 million in World Bank financing for Europe and Central Asia countries to address health, economic impacts of COVID-19 Twenty-five countries worldwide will receive a total of nearly $2 billion from this first batch of funding under the World Bank’s fast-track COVID-19 facility, including two countries in Europe and Central Asia.
Kyrgyz Republic gets World Bank financing to respond to COVID-19 pandemic The World Bank’s Board of Directors approved $12.15 million from the International Development Association (IDA) for the Kyrgyz Republic Emergency COVID-19 Project