MAJURO, 20 APRIL 2020(WORLD BANK) —The World Bank has approved a US$2.5 million emergency project for the Republic of Marshall Islands (RMI) to support the country’s fight against COVID-19 (coronavirus). The grant will provide rapid support to better prevent and respond to the threat posed by the coronavirus and support longer term systems strengthening for […]
Tag: World Bank
Posted inPacific News
US$30.8 million project will provide access for FSM to world-class broadband and digital services
WASHINGTON,30 MARCH 2020 (WORLD BANK)— The World Bank’s Board of Executive Directors has approved a US$30.8 million grant to improve the digital connectivity of the Federated States of Micronesia (FSM). The Digital Federated States of Micronesia project will support the rollout of terrestrial fiber infrastructure, connect outer islands to basic broadband services, establish the critical […]
Posted inPacific News
World Bank Group increases COVID-19 response to US$14 billion to help sustain economies, protect jobs
WASHINGTON,18 MARCH 2020 (WORLD BANK) —The World Bank and IFC’s boards of directors approved today an increased US$14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. The package will strengthen national systems for public health preparedness, including for disease […]