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The world’s leading financial institution World Bank announced a new $100 million loan to Serbia to to prevent, detect and respond to the COVID -19 (Coronavirus) pandemic. Two walk-in and up to ten drive-through testing points for COVID-19 will be established in Serbia.

  • Serbia’s testing capacity will be increased from 7,000 to at least 9,000 tests a day
  • The walk-in testing points will be at the two main airports – in Belgrade and Nis, while up to ten drive-through testing points will be at border crossings.

In addition, two further regional laboratories will be established – one at the Clinical Centre of Vojvodina in Novi Sad and one at the Clinical Centre in Kragujevac—with a capacity of 1,000 samples daily, increasing Serbia’s total SARS-CoV-2 testing capacity to about 130 tests per 100,000 population per day.

The World Bank measures against COVID-19 pandemic in last one month 2020:

  • May 2020: World Bank has approved a financing of $48 million from the International Development Association (IDA) to help Uganda prevent and respond to the threat to livelihoods posed by the desert locust outbreak and to strengthen its national and regional systems for preparedness.
  • May 2020: World Bank approved a $1 billion budget support operation for Kenya, which helps close the fiscal financing gap. The fund will also help to respond the COVID-19 outbreak.
  • May 2020: World Bank has approved an emergency loan of USD 20 million to support the Uruguayan Government’s efforts to minimize impacts of the Coronavirus pandemic (COVID-19) on the health system.
  • May 2020: World Bank has approved USD 50 million for Egypt as an emergency response under the World Bank Group’s new Fast Track COVID-19 Facility — a global effort to help strengthen the COVID-19 response and shorten the time to recovery.
  • May 2020: World Bank has announced $170 million for the restructuring of the Healthcare Service Network Project requested by Bolivia’s Ministry of Development Planning. The fund will strengthen the capacity of the healthcare system’s response to the Covid-19 pandemic in Bolivia.
  • May 2020: World Bank has approved a flexible $500 million loan to Ecuador to help during the Covid-19 emergency and to promote economic recovery. The loan is the second in a series of three Development Policy Financing (DPF) operations. The first loan of this series was disbursed in June 2019.

About World Bank Group
World Bank Group, headquartered in Washington D.C., United States, is a global financial institution. The group provides loans and grants to the poorer countries across the globe. The World Bank has around 189 member countries and having staff from more than 170 countries of the world. The group has offices at around 130 locations across the globe.
The World Bank Group comprises of International Bank for Reconstruction and Development (IBRD), focuses on middle-income and creditworthy poorer countries and the International Development Association (IDA) on the world’s poorest countries. Both institutions provide financing, policy advice, and technical assistance to governments of developing countries.

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