National Economy
Saturday, August 23, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Uncategorized

World Bank Unveils $12b Aid Package To Fight Coronavirus

by
5 years ago
in Uncategorized
Reading Time: 1 min read
Share on FacebookShare on TwitterShare on Telegram

You May Like

Building A Sustainable State In Nigeria

The Impact of Technology on the Modern Economy

The World Bank unveiled a $12 billion aid package on Tuesday that will provide fast-track funds to help countries combat the coronavirus outbreak.

“The goal is to provide fast, effective action that responds to country needs,” World Bank President David Malpass told reporters.

He said it is critical to “recognize the extra burden on poor countries” least equipped in the struggle to prevent the spread of the COVID-19 virus.

The funds, some of which are targeted to the world’s poorest nations, can be used for medical equipment or health services and will include expertise and policy advice, the bank said in a statement.

The virus that erupted in central China in December has killed more than 3,000 worldwide and infected over 90,000 people.

Malpass said the money — $8 billion of which is new — will go to countries that request help. The bank has been in contact with many member nations, but he did not specify which are likely to be the first to receive aid.

“The point is to move fast. Speed is needed to save lives,” he said in a conference call.

“We want to make the best use of the World Bank’s extensive resources and global expertise and the historical knowledge of the crisis,” he said, citing similar crisis funding to combat the Ebola and Zika outbreaks in recent years.

Tags: corona virusworld bank
ShareTweetShare
Previous Post

Coronavirus: Abia Sets Up Committee To Manage Possible Outbreak

Next Post

Why GenCos Fail To Generate 4,200 Megawatts

ANOTHER GOOD READ

Building A Sustainable State In Nigeria
Uncategorized

Building A Sustainable State In Nigeria

4 months ago
Impact of Technology on the Modern Economy
Uncategorized

The Impact of Technology on the Modern Economy

5 months ago
Kennyblaq Hosts Reckless Music-Comedy Festival
Uncategorized

Kennyblaq Hosts Reckless Music-Comedy Festival

10 months ago
Asuelimen Godwin On Balancing Operational Excellence With Innovation
Uncategorized

Asuelimen Godwin On Balancing Operational Excellence With Innovation

12 months ago
Incognito Apparel’s Unchained Collection Gives Refreshing Take On Archived Graphics
Uncategorized

Incognito Apparel’s Unchained Collection Gives Refreshing Take On Archived Graphics

2 years ago
Uncategorized

IMF Plans $1trn Facility To Cushion COVID-19 Effects On Nigeria, Others

5 years ago
Next Post

Why GenCos Fail To Generate 4,200 Megawatts

Most Recent

Tackling The Rising Rent Crisis In Abuja: A Focus On Affordability And Sustainable Solutions

Tackling The Rising Rent Crisis In Abuja: A Focus On Affordability And Sustainable Solutions

August 22, 2025
PCN Seals 486 Pharmacies, Patent Medicine Stores In Niger

PCN Seals 486 Pharmacies, Patent Medicine Stores In Niger

August 22, 2025
Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

Federal, State, Local Govts Share Record N2.001trn As July Allocations

August 22, 2025
Visa: ‘It’s Tit-for-Tat’, Nigeria To Demand Social Media Disclosure From American Applicants

US Suspends Work Visas For Nigerian Truck Drivers, Others

August 22, 2025
Tourism: Gov Eno Orders Demolition Of Illegal Structures For New Projects

Hardship: Akwa Ibom Gov Lifts 476 Less-privileged With N239m Grants

August 22, 2025
Boat Mishaps: Jamoh Advocates Standard On Inland Water Ways Usage

Boat Mishap: Response Team Confirms 4 Deaths, 41 Rescued

August 22, 2025
Land Transport Policy Will Ensure Road Safety

Land Transport Policy Will Ensure Road Safety

August 21, 2025
FCT Minister Flags Off Karu Water Project, Vows Completion By June 2026

FCT Minister Flags Off Karu Water Project, Vows Completion By June 2026

August 21, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy