Abb Takk News

WB Approves $200mn Emergency Aid for Pakistan

ISLAMABAD: The World Bank has approved $200 million emergency aid to Pakistan in the fight against the coronavirus pandemic.

As per details, the World Bank has announced $160 billion emergency aid over 15 months to help various countries deal with the impact of the global coronavirus pandemic.

The Bank said in a statement that its board approved the first set of fast-track crisis projects with an initial 1.9 billion dollar going to 25 countries and operations moving forward in another 40 nations.

Talking to reporters in Washington, World Bank President David Malpass said our teams around the world remain focused on country-level and regional solutions to address the ongoing crisis.