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2024-02-02 | Current Affairs

World Bank: Offering Countries Access to Emergency Funds 

Today’s News  On Thursday, the World Bank announced a groundbreaking initiative to empower member countries affected by natural disasters and other crises. The institution has approved enhancements to its Crisis Preparedness and Response Toolkit, enabling nations to promptly tap into emergency funds, accessing up to 10% of undisbursed funds from existing project loans or facilities. […]