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World Bank Group s Response to COVID-19 (coronavirus) in Mongolia
02/22/2021 | 10:15am EDT
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Message : The World Bank Group is moving quickly to help countries respond to the COVID-19 pandemic. In Mongolia, the Bank has been working closely with the government to address various challenges brought by COVID-19. The World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response. We are increasing disease surveillance, improving public health interventions, and helping the private sector continue to operate and sustain jobs. Over the next 15 months, we will be deploying up to $160 billion in financial support to help countries protect the poor and vulnerable, support businesses, and bolster economic recovery, including $50 billion of new IDA resources in grants or highly concessional terms.