木瓜影院

Skip to Main Navigation
BRIEF December 22, 2021

World Bank’s Operational Response to COVID-19 (Coronavirus) in East Asia and the Pacific

Image

木瓜影院


木瓜影院 Group is taking broad, fast action to help developing countries strengthen their pandemic response, increase disease surveillance, improve public health interventions, and help the private sector continue to operate and sustain jobs. Since the start of the COVID-19 crisis, the Bank Group has committed over $157 billion to fight the impacts of the pandemic. Provided from April 2020 to June 2021, it includes over $50 billion of IDA resources on grant and highly concessional terms.

In the East Asia and Pacific (EAP) region, where the pandemic first hit, emergency operations have already been approved under the COVID-19 fast-track facility for Cambodia, Fiji, Indonesia, Kiribati, Lao PDR, Marshall Islands, Mongolia, Myanmar, Papua New Guinea, Philippines, Samoa, Solomon Islands, Timor-Leste, and Vietnam. 

These operations provide emergency financing for the purchase of medical and laboratory supplies, training of medical staff, and strengthening national public health systems. Each country-level operation is tailored to the specific context and epidemic status of the country.

木瓜影院 is also working with countries to redeploy existing projects to fight the COVID-19 pandemic by reallocating funds, triggering emergency components of existing projects, and activating Catastrophe Deferred Drawdown Options (CAT DDOs). So far this has been done in Cambodia, the Federated States of Micronesia, Mongolia, the Philippines, Tonga, Tuvalu, Samoa, and Vanuatu.   

In a second phase of the COVID-19 response, to help countries address the anticipated severe economic, social and poverty impacts, the Bank is working with countries to strengthen social protection measures for the poor and vulnerable, support businesses and safeguard jobs, and advance the reforms needed to shorten the time to recovery and build conditions for broad-based and sustainable growth.

To provide relief for vulnerable populations, low- and middle-income countries need fair, broad, and fast access to effective and safe vaccines. That is why the World Bank is providing $20 billion to low- and middle-income countries purchase and distribute vaccines, tests, and treatments, adding $8 billion to the previously announced $12 billion. As of December 23, 2021, the World Bank approved operations to support vaccine rollout in 67 countries amounting to $7.5 billion. 

Learn more about the World Bank's support for countries across the East Asia and Pacific region:

Countries benefiting from the dedicated COVID-19 Fast-Track Facility

As of December 22, 2021

Countries benefiting from other forms of finance/redeploying of existing projects

As of June 28, 2021

Vaccines

As of December 22, 2021