On the Bank Group announced its emergency operations to fight COVID-19 have reached 100 developing countries – home to 70% of the world’s population. On Apthe first group of projects using the dedicated COVID-19 Fast-Track Facility (also called the COVID-19 Strategic Preparedness and Response Program (SPRP)), amounting to $1.9 billion and assisting 25 countries, was rolled out. Provided from April 2020 to June 2021, it includes over $50 billion of IDA resources on grant and highly concessional terms. The World Bank Group is taking broad, fast action to help developing countries strengthen their pandemic response, increase disease surveillance, improve public health interventions, and help the private sector continue to operate and sustain jobs. Since the start of the COVID-19 crisis, the Bank Group has committed over $157 billion to fight the impacts of the pandemic.
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