World Bank approves $1 billion emergency funds for India to tackle coronavirus

The Washington-based development lender World Bank has approved USD 160 billion in emergency aid over 15 months to help countries deal with the impact of the global coronavirus pandemic.
In the first set of fast-track crisis funding, World Bank on 2nd April 2020, approved USD 1.9 billion for projects in 25 countries.
The initiative will gradually move forward in another 40 nations in coming 15 months.
The largest amount of assistance approved in first set was USD 1 billion for India.
This was followed by USD 200 million for Pakistan, USD 129 million for Sri Lanka, USD 100 million for Afghanistan and USD 83 million for Ethiopia.