{"id":139978,"date":"2020-04-03T12:43:46","date_gmt":"2020-04-03T12:43:46","guid":{"rendered":"http:\/\/ny1.dr1.com.do\/wordpress\/?p=139978"},"modified":"2020-04-03T14:48:46","modified_gmt":"2020-04-03T14:48:46","slug":"world-bank-us150-million-for-covid-19-response","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2020\/04\/03\/world-bank-us150-million-for-covid-19-response\/","title":{"rendered":"World Bank: US$150 million for Covid-19 response"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2019\/11\/World-Bank-logo.png\" alt=\"\" class=\"wp-image-132877\" width=\"315\" height=\"240\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/11\/World-Bank-logo.png 420w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2019\/11\/World-Bank-logo-300x229.png 300w\" sizes=\"(max-width: 315px) 100vw, 315px\" \/><\/figure><\/div>\n\n\n\n<p>The World Bank is making available US$150 million for disaster relief in the Dominican Republic. The funds are disbursed from a contingent credit line, better known as the Catastrophe Deferred Drawdown Option (Cat-DDO), effective since 2018. <\/p>\n\n\n\n<p>Following a request from the Dominican government, the World Bank released the funds to support the country\u2019s efforts to implement emergency measures to contain the spread of Covid-19 and manage the impact of the coronavirus pandemic.<\/p>\n\n\n\n<p>\u201cIn recent years, the Dominican Republic has been making progress in strengthening its capacity to respond to emergencies, including for public health-related events,\u201d said Alessandro Legrottaglie, country manager for the World Bank. \u201cThis rapid financing demonstrates the World Bank\u2019s commitment to support the Dominican Republic\u2019s efforts to respond to the immediate health and social needs of the people in the face of an extraordinary challenge.\u201d<\/p>\n\n\n\n<p>On 19 March 2020, the Dominican Republic declared a state of emergency for 25 days. On 2 April 2020, the government extended this for another 15 days. <\/p>\n\n\n\n<p>The US$150 million is part of an overall US$14 billion fast-track package to strengthen the Covid-19 response in developing countries and shorten the time to recovery. <\/p>\n\n\n\n<p>Read more:<br><a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2020\/04\/02\/world-bank-group-launches-first-operations-for-covid-19-coronavirus-emergency-health-support-strengthening-developing-country-responses\">WorldBank<\/a><\/p>\n\n\n\n<p>3 April 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank is making available US$150 million for disaster relief in the Dominican Republic. The funds are disbursed from a contingent credit line, better known as the Catastrophe Deferred Drawdown Option (Cat-DDO), effective since 2018. Following a request from the Dominican government, the World Bank released the funds to support the country\u2019s efforts to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2020\/04\/03\/world-bank-us150-million-for-covid-19-response\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[271,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/139978"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=139978"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/139978\/revisions"}],"predecessor-version":[{"id":140004,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/139978\/revisions\/140004"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=139978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=139978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=139978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}