WASHINGTON: The World Bank announced to support a $12 billion aid package to help countries fight against the coronavirus outbreak.
World Bank President David Malpass while talking to journalists said the main aim is to allocate $12 billion funds by the World Bank would support countries battle against the coronavirus outbreak.
He said it is important to know the extra burden on poor countries least equipped in the struggle to prevent the spread of the COVID-19 outbreak.
He said the World Bank has been in getting in touch with many member nations, but he did not specify which are likely to be the first to receive aid.
Malpass said that the World Bank desired to ensure the best use of the World Bank’s extensive funds and worldwide expertise and the historical expertise of crises, he said, citing similar crisis funding to fight the Ebola and Zika outbreaks in recent years.
In this regard the World Bank has issued a statement stated the funds, some of which are targeted to the world´s poorest nations, can be used for medical equipment or health services.
COVID-19 that reported in central China in December has killed more than 3,000 worldwide and infected over 90,000 people.
READ MORE: Coronavirus: Death toll in China reaches 2,981
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