Malaysia’s government plans to increase funds for Covid-19 support measures and raise the country’s statutory debt ceiling. The government considers adding 45 billion Malaysian ringgit ($10.8 billion) to the Covid-19 fund in order to support businesses...
On 30th March, 2021, South Sudan received US$ 174.2 million to help finance the country’s urgent balance of payments needs and provide critical fiscal space to maintain poverty-reducing and growth-enhancing spending. A sharp decline in international oil prices...
Due to a rise of social security expenditures, budget requests from government ministries and agencies reach 111 trillion yen ($1 trillion) in total for fiscal 2022. Social security costs accounted for one-third of government expenditures. The health ministry...
The Kingdom of Eswatini’s response to COVID-19 got a boost following the approval of US$5 million loan in additional financing on the 16th of April, 2021. The added funds were expected to assist the Government of Eswatini accelerate its ongoing efforts to purchase and...
The Government of Tanzania has received new funding to fight the COVID-19 crisis and accelerate the end of the epidemics of HIV, TB and malaria while building resilient and sustainable systems for health. During a virtual launch ceremony, Her Excellency Samia Suluhu...
Uganda, along with much of sub-Saharan Africa, has faced extraordinary challenges since the pandemic hit. Before the pandemic, Uganda’s economy grew, on average, by about 6%. However, even then, per capita income growth had started to slow because of ...
The government of Namibia received approximately US$270.83 million under the Rapid Financing Instrument to help the country address urgent balance of payments and fiscal financing needs stemming from the negative impact of the COVID-19 pandemic. Namibia has been...
Bangladesh borrows $940 M from external loan to finance vaccine purchase, aiming to enhance COVID-19 vaccine coverage. This loan will be used for purchasing 44.7M coronavirus vaccine doses which could vaccinate more than 20 million people. The...
The Government of Sudan signed a grant agreement of US$100 million to boost the country’s COVID-19 response and expand vaccination coverage in the country. This is the first grant from the International Development Association (IDA) following the arrears...
Indonesia will increase social assistance and healthcare spending in response to a rise of COVID-19 cases and to soften the economic recession due to tougher restrictions. 126.79 trillion rupiah (US$8.72 billion) of social assistance will be provided to...
The government of Zimbabwe has received a grant of US$13.7 million to finance the COVID-19 response in the country. The funds are expected to provide an immediate lifeline for targeted frontline responders and health personnel and boost the country’s Global Health...
General François Ndiaye, Chairman of the "Force Covid-19" Fund Operations Monitoring Committee, presented the final report on the Committee's activities. As a result, "the Economic and Social Resilience Program (Pres), the State's instrument for intervening in the...
The Government’s quick and decisive actions to contain COVID-19 prevented a larger outbreak and saved lives, yet they also came at an economic cost. Containment measures disrupted the transport of goods within the country, with a heavy impact on the services sector....
Sierra Leone received an additional US$8.5 million grant to support affordable and equitable access to COVID-19 vaccines. The funds will provide upfront financing to help purchase and deploy coronavirus vaccines, and to strengthen relevant health systems necessary for...
The government of Malawi received an additional $30million to support the acquisition and deployment of safe, affordable and effective COVID-19 vaccines. This is an additional financing for the existing Malawi’s COVID-19 emergency response and health...
