IsDB Provides US$ 1.86 Billion to 27 Member Countries to Contain COVID-19

IsDB President Dr. Bandar Hajjar continued, for the 6th week in a row, his meetings with Governors for Member Countries (MCs) to discuss the Bank’s financial assistance to support their efforts to fight COVID19
The assistance totals announced by the President, in meetings with MCs, has so far reached US$ 1.86 billion for 27 member countries. The technical teams from IsDB and about 15 member countries are still in continuous discussions to estimate their basic needs to finalise their financial packages as part of the first stage of IsDB Group support, which is composed of three stages (Respond, Restore, and Restart), and that will cover their needs in the short, medium and long terms.

Funding agencies: Islamic Development Bank

Countries:

Published: 2020-05-18

Sectors: Health