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Global collaboration to strengthen pandemic preparedness - P4H Network

Global collaboration to strengthen pandemic preparedness

IMF, World Bank, and WHO agree to intensify efforts to support global health security through increased financing and technical expertise.

The International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) are enhancing their cooperation to bolster pandemic preparedness and resilience. The three institutions will leverage their respective strengths to provide comprehensive support for countries’ health systems, facilitating access to critical financing, technical resources, and policy reform guidance.

Through the IMF’s Resilience and Sustainability Trust (RST), countries will have access to long-term, low-interest financing to strengthen health system resilience and prepare for potential pandemics. Complementing this, the WBG will offer financial and technical support, while WHO provides in-country operational expertise.

Kristalina Georgieva, IMF Managing Director, highlighted the critical role of joint efforts, stating that the RST enables countries to address macroeconomic challenges posed by health crises. WHO’s Dr. Tedros Adhanom Ghebreyesus emphasised the importance of secure funding to enable robust responses, reflecting lessons from COVID-19. World Bank President Ajay Banga further noted that this collaboration ensures that global systems are primed to address future health emergencies.

This partnership aims to enhance pandemic readiness by integrating macroeconomic policy, financing, and health sector expertise, helping countries safeguard both public health and economic stability.

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