The World Bank has approved a $400 million loan for Pakistan to fund the Punjab Inclusive Cities Program. The initiative aims to improve water, sanitation, and local governance across urban areas in Punjab. The program prioritizes child health, flood resilience, and women’s participation in city administration. It will provide safe drinking water and improved sanitation, […]
WORLDBANK
World Bank grants war-torn Yemen $150 mn for food, water, healthcare
The World Bank on Wednesday allocated $150 million for war-torn Yemen to bolster access to basic healthcare, nutrition, and water and sanitation services. Yemen’s conflict flared in 2014 when Huthi insurgents seized the capital Sanaa, prompting a Saudi-led military intervention to prop up the government the following year. The World Bank said the death toll […]
World Bank boosts Covid-19 vaccine funding
The World Bank announced Wednesday it has increased its Covid-19 vaccine fund for developing countries by $8 billion to $20 billion. In addition, the bank’s private financing arm secured a 600 million euro ($710 million) package for a South African vaccine manufacturer to ramp up production, the institution announced. “Together the actions announced today on […]