World Bank working on enhanced funding for Pakistan to combat COVID-19
Last updated on: 13 April,2020 02:41 pm
World Bank working on enhanced funding for Pakistan to combat COVID-19
LAHORE (Dunya News) – The World Bank is working to increase funding to $1 billion through repurposing the existing projects for Pakistan to respond to COVID-19.
Illango Patchamuthu, WB country director for Pakistan, said the funding will support health, employment, food and security sectors and small companies.
“Every crisis presents an opportunity to reform the social sector policies. The World Bank has already approved $200 million funding for Pakistan.
“Funding of $150 million will help in immediate purchase of medical equipment and supplies. About $50 million as relief through Ehsaas cash transfers will help poor families.”