The World Bank announces the approval of a US$100 million loan to support the response to the Covid-19 emergency in the Dominican Republic. A World Bank press release says that the 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 World Bank had disbursed US$150 million from a contingent line of credit for disasters and health-related events. This new loan brings total World Bank financing for the crisis to US$250 million.
The World Bank financing is part of a coordinated response developed in collaboration with international partners.
19 June 2020