$93 billion support package to boost resilient recovery in world’s poorest countries December 2021

 

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Global community steps up with $93 billion support package to boost resilient recovery in world’s poorest countries  The World Bank announced today a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future. The financing brings together $23.5 billion of contributions from 48 high- and middle-income countries with financing raised in the capital markets, repayments, and the World Bank’s own contributions.    Related: Remarks from World Bank Group President David Malpass READ MORE