The World Bank has approved a $20 million line of credit from the International Development Association (IDA) to assist Cambodia’s COVID-19 emergency response. This is part of the banks first emergency support package dedicated to fast-track COVID-19 aid.
The World Bank said, the funds will help Cambodia fight the spread of COVID-19 through projects that include strengthening disease prevention activities, rapid detection, preparedness and response.
“This fast-tracked financing will help Cambodia confront this unprecedented global health emergency by sourcing much-needed medical supplies and facilities to diagnose and treat COVID-19. They will also reduce the spread of infection, strengthen pandemic response capabilities and shorten the time to recovery for both people and the economy,” said Inguna Dobraja, World Bank Country Manager for Cambodia.