Lets talk about the initiatives by the #WorldBank - WB, #InternationalFinanceCorporation - IFC and #InternationalMonetaryFund - IMF in the fight against the spread of #COVID19...
The #WorldBank / #IFC US$14 billion package intended to #FastTrack financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. package aims to bolster national systems for public health preparedness...
Specifically, the #IFC's US$8 billion will offer client #FinancialInstitutions a way to continue offering #tradefinancing, #workingcapital support and medium term financing of private companies struggling with disruptions in supply chains given #COVID19...
The #IMF has put in place a “first line of defence”, in the form of a #FlexibleEmergencyResponse #Toolkit – the #RapidFinancingInstrument (RFI) and the #RapidCreditFacility (RCF) which re intended to help countries with urgent #BalanceofPayments (BOP) needs...
The #IMF's #RFI and #RCF instruments combined are geared to provide support in the order of US$50 billion to #Emerging and #Developing countries...
Latest Developments: The #WorldBank is readying to roll-out support projects for 40 countries for up to US$1.7 billion. perhaps you might want to ask yourself, HAS MY COUNTRY REACHED OUT TO THE WORLD BANK FOR HELP??? #COVID19 
In closing, we're experiencing what will certainly go down in history as the greatest test of human resolve & solidarity since ever. It'll take all of our mental faculties & love for our fellow man to get through this. NO TIME for "my nuke is bigger than yours", INVEST IN #HEALTH
@threadreaderapp kindly unroll...
