With reference to Financial Intermediary Fund FIF consider the following statements The Internationa...........

Economic Affairs Public Finance and Debt Management

With reference to Financial Intermediary Fund(FIF), consider the following statements

The International Renewable Energy Agency (IRENA) is a trustee of this fund.
It has been established for pandemic prevention, preparedness and response(PPR).

Select the correct statement.

1 only

2 only

Both

None

World Bank will serve as a trustee and host the secretariat of the fund with technical support from the World Health Organization(WHO).

It has been established for pandemic prevention, preparedness and response(PPR).
Finances from the fund will go towards strengthening and sustaining PPR capacity in areas such as zoonotic disease surveillance, laboratories, emergency communication, coordination and management, critical health workforce capacities and community engagement.

Hence only statement 2nd is correct.