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    Canadian International School, Bangalore Hosts Alumni Reunion Celebrating Nearly Three Decades of Global Graduates

    Bharti Enterprises and Warburg Pincus Announce Strategic Investment in Haier India Partnership Set to Fuel Haier India’s Next Phase of Growth

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World Bank provides US$5.1m for Samoa COVID-19 response

FWM by FWM
March 27, 2020
in Business
0

Funds will bolster the government’s financial capacity to support COVID-19
preparedness and response efforts
SYDNEY, March 26, 2020 — The World Bank has delivered US$5.1 million in immediate funding to support Samoa’s response to the global COVID-19 (coronavirus) pandemic. The funds will support Samoa’s efforts to prepare and manage its response to COVID-19.

Samoa currently has no confirmed COVID-19 cases, however a State of Emergency is now in place across the country.

“Protecting Samoan people from COVID-19 is our absolute priority,” said the Hon. Sili Epa Tuioti, Samoan Minister of Finance. “While we remain fortunate that we currently have no confirmed cases of COVID-19 in Samoa, it is critical that we are as prepared as possible. This support from the World Bank will be an essential part of these preparations and will ensure we can respond swiftly in the event of a confirmed case.”

“The World Bank stands shoulder-to-shoulder with Samoa, and with the whole Pacific region, at this time of need,” said Michel Kerf, World Bank Country Director for Papua New Guinea & the Pacific Islands. “This funding is the first in a series of support that our team is now working to deliver in Samoa and across the Pacific in response to the unprecedented challenge of COVID-19.”

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The US$5.1 million in funding has been made available through a Development Policy Operation with a Catastrophe-Deferred Drawdown Option, approved in 2018, that ensures emergency funding from the World Bank can be mobilized in the event of a major national emergency. The option was used by Samoa following the major measles outbreak in late 2019 that infected approximately 5600 people and killed 83 people, with infants and young children the most affected.

Earlier this month, the World Bank Group announced a US$14 billion COVID-19 response package to support the global community response to this global pandemic. The package supports developing countries to strengthen health systems, including improving access to health services to safeguard people from the epidemic, strengthen disease surveillance, bolster public health interventions, and work with the private sector to reduce the impact on economies. The World Bank is now working to provide urgent support to Pacific countries through this package.

Additionally, in December 2019 the World Bank committed US$9.3 million to strengthen Samoa’s health systems over the coming years through the Samoa Health System Strengthening Program. The program will enable Samoa to improve the quality and efficiency of its health system, including the ability to prevent outbreaks of communicable diseases and stem the rise of non-communicable diseases such as diabetes.

The US$5.1 million Catastrophe-Deferred Drawdown Option grant is funded through the International Development Association (IDA), the World Bank’s fund for the most in-need countries.

Tags: COVID-19 (coronavirus) pandemic.
FWM

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