The World Bank’s global response to the COVID-19 pandemic has been designed to help save lives and livelihoods for the poorest and most vulnerable while safeguarding the prospects for sustainable growth in developing countries. In the Middle East and North Africa (MENA) region,
the Bank’s support is helping countries respond to immediate needs arising from the pandemic including securing vaccines while simultaneously strengthening health, education, and social protection systems. In parallel, World Bank financial support and technical assistance are helping bolster the resilience to economic and environmental shocks facing MENA countries.
In the fiscal year ending June 30, 2021, new commitments in MENA totaled US$3.98 billion from the International Bank for Reconstruction and Development, which supports middle-income countries; US$658 million from the International Development Association, the Bank’s fund for the world’s poorest countries; and US$114 million for the Palestinian Authority.