African Health Ministers urge greater vigilance in COVID-19 fight

“African Health Ministers gathering for the resumed Seventieth session of the World Health Organization Regional Committee for Africa took stock this week of the region’s efforts in combatting the COVID-19 pandemic, with calls to step up vigilance and head off a possible resurgence of infections.”

via WHO Africa

COVID-19: Remittance Flows to Shrink 14% by 2021

“As the COVID-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 percent by 2021 compared to the pre COVID-19 levels in 2019”

via World Bank

World Bank Helps Mozambique Mitigate Impact of COVID-19 with a New $100 Million Grant

“The financing will help mitigate the adverse impacts of the pandemic on people’s lives and livelihoods by supporting the immediate COVID-19 response and supporting businesses and reforms in view of improved fiscal sustainability.”

via World Bank

World Bank Approves $12 Billion for COVID-19 Vaccines

“The World Bank’s Board of Executive Directors today approved an envelope of $12 billion for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests, and treatments for their citizens.”

via World Bank

The Gambia to Strengthen Health Care Delivery in the Face of COVID-19

“The World Bank Board of Executive Directors approved a $30 million grant from the International Development Association to improve the quality and utilization of essential health services in The Gambia. “

via World Bank

New World Bank Group Country Engagement Note to Support Inclusive and Equitable Growth Path for Sudan

“The World Bank Group’s Board of Executive Directors today endorsed a new Country Engagement Note (CEN) for Sudan. The CEN is aimed at supporting the Government of Sudan’s efforts to reform the economy, build a more equitable social contract, and provide a better future for Sudanese people.”

via World Bank

IMF Staff Completes Review Mission to Côte d’Ivoire

“The country has been hit hard by the COVID-19 pandemic. Thanks to the authorities’ swift response and the support of the international community including the IMF, the economic impact has been contained and growth, while significantly lower than initially forecasted, is projected to remain positive at 1.8 percent this year.”

via IMF

IMF Reaches Staff Level Agreement on the Sixth Review for Niger’s Extended Credit Facility Arrangement

“The authorities’ COVID-19 response plan largely contained the pandemic and helped alleviate its socio-economic impact. Economic growth is projected to recover, but uncertainty remains high owing to the global economic outlook.”

via IMF

The IMF Executive Board Extends Immediate Debt Service Relief for 28 Eligible Low-Income Countries for Another Six Months

“Relief on debt service will free up scarce financial resources for vital emergency medical and other relief efforts while these members combat the impact of the COVID-19 pandemic.”

via IMF

IMF Executive Board Approves an Additional US$101.96 Million Disbursement under the Rapid Credit Facility for Malawi to Address the COVID-19 Pandemic

“The additional IMF financing will help fill part of the resulting increased external financing gap and provide the fiscal space needed to address critical spending needs. The authorities are committed to transparency and accountability to ensure that the RCF resources are used appropriately.”

via IMF