World Bank May Provide $100 Billion for War-Hit Nations
President Ajay Banga said the bank could mobilize up to $100 billion over 15 months for nations hit by war. This exceeds the aid provided during the pandemic.
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The World Bank is preparing to mobilize between $80 billion and $100 billion over the next 15 months to assist nations struggling with the economic fallout of the conflict in the Middle East. This proposed financial package would exceed the $70 billion the institution provided during the height of the COVID-19 pandemic.
