World Bank

25000000$ from World Bank to support Palestinian municipalities against COVID_19

25000000$ from World Bank to support Palestinian municipalities against COVID_19

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Palestine_Gaza post

The World Bank announced a new grant of $ 25 million to assist Palestinian municipalities in dealing with the consequences of the Corona pandemic.


"The World Bank has agreed to provide a grant of $ 15 million to help Palestinian communities continue providing basic services and providing work opportunities for families whose income has been harmed by the Corona crisis," the bank said in a statement released in Washington time (dawn today, Saturday Palestinian time).


The World Bank-managed Trust Fund for Palestinian Partnership for Infrastructure Development will provide additional funding from donors in the amount of $ 10 million to finance the third phase of the municipal development project, according to the announcement.


The partnership between the World Bank and donors serves as a model for collaboration to help mitigate the sharp decline in municipal spending and its effect on service delivery, especially health services and facilities, according to the statement.

 

As a result, this grant will assist Palestinian people, especially those in need, in remaining healthy and secure.

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