World Bank adds 2 billion U.S. dollars to funds available for coronavirus response

The World Bank on Tuesday said it had increased to 14 billion U.S. dollars the amount of fast-track financing available to members to respond to the global coronavirus pandemic, adding two billion U.S. dollars to an initial package announced on March 3.

The change will give the World Bank's International Financing Corp (IFC) a total of eight billion U.S. dollars to support private companies and their employees hurt by economic impacts of the virus, the bank said.

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